Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 16:49 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 001-904-001 Frankston ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 17,841,772 1.0207 17,479,937 7 2 A - Single-family Residences 17,759,310 .9043 19,638,737 9 3 A - Single-family Residences 17,871,758 .9290 19,237,630 9 4 A - Single-family Residences 17,751,813 .9890 17,949,255 7 5 D - Rural Real 38,800,820 .8827 43,956,973 10 Random Totals: 110,025,473 118,262,532 42 Cat J Exception Values: 0 0 Cat D1 Exception Values: 5,367,020 5,339,097 Other Exception Values: 59,489,364 59,951,887 Exception Totals(3): 64,856,384 65,290,984 Test Values(4): 174,881,857 183,553,516 Margin of Error Percent: 5.0000000 Margin of Error Value: 9,177,676 Confidence Interval Values: State Lower Limit: 174,375,840 (State Test Value Minus Margin of Error Value) Local Test Value: 174,881,857 (Within Confidence Interval Limits) State Upper Limit: 192,731,192 (State Test Value Plus Margin of Error Value) Value Assigned (5): 175,303,007 (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.
