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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:57                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        019-912-019 Pleasant Grove

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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         97,731,300     .9495     102,929,226       18
  2      A  - Single-family Residences         97,772,468     .8957     109,157,606       31
  3      A  - Single-family Residences         97,813,635     .9382     104,256,699       17
  4      A  - Single-family Residences         97,813,635     .9311     105,051,697        8
  5      D  - Rural Real                       26,052,926     .9856      26,433,569       10
  6      F  - Commercial Real                  16,164,516     .9455      17,096,262        6
  7      F  - Commercial Real                  15,254,314     .9755      15,637,431        5
  8      F  - Commercial Real                  21,920,702     .8992      24,378,005        3

Random Totals:                                470,523,496               504,940,495       98
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       3,802,620                 4,097,129
 Other Exception Values:                       22,919,572                32,833,339
Exception Totals(3):                           26,722,192                36,930,468
Test Values(4):                               497,245,688               541,870,963

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     27,093,548
Confidence Interval Values:
  Local Test Value:                                       497,245,688  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      514,777,415  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      568,964,511  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       528,311,778  (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.