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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:07                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        093-905-236 Richards

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
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  1      A  - Single-family Residences            728,190    1.0330         704,927        6
  2      A  - Single-family Residences            694,682     .9570         725,896        5
  3      A  - Single-family Residences            756,013    1.1225         673,508        5
  4      A  - Single-family Residences            660,277    1.0959         602,497        5
  5      D  - Rural Real                       11,117,120     .9303      11,950,038       21

Random Totals:                                 13,956,282                14,656,866       42
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       2,830,180                 2,596,588
 Other Exception Values:                                0                         0
Exception Totals(3):                            2,830,180                 2,596,588
Test Values(4):                                16,786,462                17,253,454

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                        862,673
Confidence Interval Values:
  State Lower Limit:                                       16,390,781  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        16,786,462  (Within Confidence Interval Limits)
  State Upper Limit:                                       18,116,127  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        14,226,882  (See ISD Summary Worksheet)


Sources:

(1) See Stratified Ratio Detail Report VAL7214.
(2) Number of parcels sampled by staff.
(3) Exception value includes, if tested, D1, the J sample, and any parcels in A,B,C,D,F1,G or L1 marked as exception properties.
(4) Unstudied categories and sub-categories were not included in the test values.
(5) Includes local value of unstudied property categories and sub-categories.