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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:02                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        014-905-014 Holland

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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          6,080,051     .9105       6,677,706        8
  2      A  - Single-family Residences          6,029,023     .9602       6,278,924        7
  3      A  - Single-family Residences          6,146,388     .9661       6,362,062        8
  4      A  - Single-family Residences          5,990,751    1.0279       5,828,146        7
  5      D  - Rural Real                       25,352,506     .9494      26,703,714       10

Random Totals:                                 49,598,719                51,850,552       40
 Cat J Exception Values:                        4,983,856                 5,369,006
 Cat D1 Exception Values:                       7,356,362                 6,649,086
 Other Exception Values:                                0                         0
Exception Totals(3):                           12,340,218                12,018,092
Test Values(4):                                61,938,937                63,868,644

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,193,432
Confidence Interval Values:
  State Lower Limit:                                       60,675,212  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        61,938,937  (Within Confidence Interval Limits)
  State Upper Limit:                                       67,062,076  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        55,429,304  (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.