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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:40                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        091-905-091 Howe

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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         20,552,404    1.0921      18,819,159       14
  2      A  - Single-family Residences         20,595,690     .9379      21,959,367       10
  3      A  - Single-family Residences         20,569,718     .9556      21,525,448       16
  4      A  - Single-family Residences         20,543,747    1.0070      20,400,940       12
  5      D  - Rural Real                       25,424,616     .9551      26,619,847       15

Random Totals:                                107,686,175               109,324,761       67
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,521,201                 5,685,015
 Other Exception Values:                                0                         0
Exception Totals(3):                            6,521,201                 5,685,015
Test Values(4):                               114,207,376               115,009,776

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      5,750,489
Confidence Interval Values:
  State Lower Limit:                                      109,259,287  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       114,207,376  (Within Confidence Interval Limits)
  State Upper Limit:                                      120,760,265  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       123,256,266  (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.