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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:36                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        090-905-090 Grandview-Hopkins

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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      D  - Rural Real                        3,012,035     .8222       3,663,385       15
  2      G  - Oil, Gas, Minerals               41,880,130    1.0545      39,715,628       41

Random Totals:                                 44,892,165                43,379,013       56
 Cat J Exception Values:                        4,216,832                 4,016,784
 Cat D1 Exception Values:                       6,723,640                 7,216,578
 Other Exception Values:                                0                         0
Exception Totals(3):                           10,940,472                11,233,362
Test Values(4):                                55,832,637                54,612,375

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      2,730,619
Confidence Interval Values:
  State Lower Limit:                                       51,881,756  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        55,832,637  (Within Confidence Interval Limits)
  State Upper Limit:                                       57,342,994  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        63,868,449  (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.