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Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:34                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        126-904-126 Grandview

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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         63,851,650     .9697      65,846,808       24
  2      D  - Rural Real                       61,147,390     .9418      64,926,088       23

Random Totals:                                124,999,040               130,772,896       47
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,286,640                 6,640,155
 Other Exception Values:                                0                         0
Exception Totals(3):                            6,286,640                 6,640,155
Test Values(4):                               131,285,680               137,413,051

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      6,870,653
Confidence Interval Values:
  State Lower Limit:                                      130,542,398  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       131,285,680  (Within Confidence Interval Limits)
  State Upper Limit:                                      144,283,704  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       131,283,423  (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.