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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:11                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        019-912-019 Pleasant Grove

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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         97,731,300     .9638     101,402,054       27
  2      A  - Single-family Residences         97,772,468     .9773     100,043,454       38
  3      A  - Single-family Residences         97,813,635     .9722     100,610,610       30
  4      A  - Single-family Residences         97,813,635     .9665     101,203,968       11
  5      D  - Rural Real                       26,052,926     .9856      26,433,569       10
  6      F  - Commercial Real                  15,254,314     .9755      15,637,431        5
  7      F  - Commercial Real                  21,920,702     .8992      24,378,005        3

Random Totals:                                454,358,980               469,709,091      124
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       3,802,620                 4,097,129
 Other Exception Values:                       23,916,645                33,521,690
Exception Totals(3):                           27,719,265                37,618,819
Test Values(4):                               482,078,245               507,327,910

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     25,366,396
Confidence Interval Values:
  State Lower Limit:                                      481,961,514  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       482,078,245  (Within Confidence Interval Limits)
  State Upper Limit:                                      532,694,306  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       528,311,778  (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.