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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:17                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        246-902-246 Florence

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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         23,051,474     .9281      24,837,274       11
  2      A  - Single-family Residences         23,080,554     .9501      24,292,763       12
  3      A  - Single-family Residences         22,935,150     .9977      22,988,022        8
  4      A  - Single-family Residences         23,061,167    1.0324      22,337,434       14
  5      D  - Rural Real                       69,728,346    1.0041      69,443,627       20

Random Totals:                                161,856,691               163,899,120       65
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       5,300,004                 5,529,869
 Other Exception Values:                                0                         0
Exception Totals(3):                            5,300,004                 5,529,869
Test Values(4):                               167,156,695               169,428,989

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      8,471,449
Confidence Interval Values:
  State Lower Limit:                                      160,957,540  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       167,156,695  (Within Confidence Interval Limits)
  State Upper Limit:                                      177,900,438  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       185,687,197  (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.