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Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:53                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        225-907-225 Harts Bluff

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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         14,880,838     .9939      14,972,168        7
  2      A  - Single-family Residences         14,837,071     .9707      15,284,919        7
  3      A  - Single-family Residences         14,874,586     .9634      15,439,678        9
  4      A  - Single-family Residences         14,805,809     .9870      15,000,820        7
  5      D  - Rural Real                       14,773,217     .9497      15,555,667       10

Random Totals:                                 74,171,521                76,253,252       40
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       1,679,875                 1,176,793
 Other Exception Values:                                0                         0
Exception Totals(3):                            1,679,875                 1,176,793
Test Values(4):                                75,851,396                77,430,045

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,871,502
Confidence Interval Values:
  State Lower Limit:                                       73,558,543  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        75,851,396  (Within Confidence Interval Limits)
  State Upper Limit:                                       81,301,547  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        74,596,960  (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.