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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:20                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        073-905-073 Rosebud-Lott

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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          8,103,060     .8776       9,233,204       14
  2      A  - Single-family Residences          8,116,696     .9497       8,546,589       12
  3      A  - Single-family Residences          8,082,606     .9890       8,172,504       13
  4      A  - Single-family Residences          8,092,833     .9633       8,401,155       11
  5      D  - Rural Real                       31,346,650     .9113      34,397,729       20

Random Totals:                                 63,741,845                68,751,181       70
 Cat J Exception Values:                        3,961,843                 4,290,820
 Cat D1 Exception Values:                      21,272,770                19,571,948
 Other Exception Values:                                0                         0
Exception Totals(3):                           25,234,613                23,862,768
Test Values(4):                                88,976,458                92,613,949

Margin of Error Percent:                                    6.8947184
Margin of Error Value:                                      6,385,471
Confidence Interval Values:
  State Lower Limit:                                       86,228,478  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        88,976,458  (Within Confidence Interval Limits)
  State Upper Limit:                                       98,999,420  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        85,459,948  (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.