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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:03                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        169-911-169 Saint Jo

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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          4,275,924     .9873       4,330,927        8
  2      A  - Single-family Residences          4,324,699     .9581       4,513,828        6
  3      A  - Single-family Residences          4,293,989     .9867       4,351,869        7
  4      A  - Single-family Residences          4,268,698    1.2299       3,470,768        8
  5      D  - Rural Real                       28,849,690    1.1068      26,065,857       10
  6      G  - Oil, Gas, Minerals                8,451,190    1.0291       8,212,215       12

Random Totals:                                 54,464,190                50,945,464       51
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,505,470                 5,731,901
 Other Exception Values:                                0                         0
Exception Totals(3):                            6,505,470                 5,731,901
Test Values(4):                                60,969,660                56,677,365

Margin of Error Percent:                                    5.0770956
Margin of Error Value:                                      2,877,564
Confidence Interval Values:
  State Lower Limit:                                       53,799,801  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                       59,554,929  (State Test Value Plus Margin of Error Value)
  Local Test Value:                                        60,969,660  (Outside of ConfidenceInterval Limits)
Value Assigned (5):                                        61,835,596  (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.