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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:17                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        112-908-112 Como-Pickton

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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          4,334,000     .8933       4,851,674        7
  2      A  - Single-family Residences          4,324,887    1.1296       3,828,689        7
  3      A  - Single-family Residences          4,388,676    1.0917       4,020,038        7
  4      A  - Single-family Residences          4,273,856     .9770       4,374,469        6
  5      D  - Rural Real                       58,462,300     .9452      61,851,777       40

Random Totals:                                 75,783,719                78,926,647       67
 Cat J Exception Values:                        5,171,385                 5,476,333
 Cat D1 Exception Values:                       7,064,260                 6,623,060
 Other Exception Values:                                0                         0
Exception Totals(3):                           12,235,645                12,099,393
Test Values(4):                                88,019,364                91,026,040

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      4,551,302
Confidence Interval Values:
  State Lower Limit:                                       86,474,738  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        88,019,364  (Within Confidence Interval Limits)
  State Upper Limit:                                       95,577,342  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        89,906,897  (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.