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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:14                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        070-910-070 Palmer

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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         31,054,248    1.1130      27,901,391       11
  2      A  - Single-family Residences         30,768,273    1.0304      29,860,513       12
  3      A  - Single-family Residences         30,859,265    1.0408      29,649,563       10
  4      A  - Single-family Residences         30,807,270     .9615      32,040,842        7
  5      D  - Rural Real                       25,752,810    1.1778      21,865,181       10

Random Totals:                                149,241,866               141,317,490       50
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       2,666,380                 2,664,928
 Other Exception Values:                                0                         0
Exception Totals(3):                            2,666,380                 2,664,928
Test Values(4):                               151,908,246               143,982,418

Margin of Error Percent:                                    6.1700276
Margin of Error Value:                                      8,883,755
Confidence Interval Values:
  State Lower Limit:                                      135,098,663  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       151,908,246  (Within Confidence Interval Limits)
  State Upper Limit:                                      152,866,173  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       155,948,583  (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.