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 001-908-001 Westwood ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 24,461,591 .9460 25,857,919 16 2 A - Single-family Residences 24,441,009 .9473 25,800,706 21 3 A - Single-family Residences 24,430,718 .9812 24,898,816 19 4 A - Single-family Residences 24,430,718 1.0075 24,248,852 10 5 D - Rural Real 36,226,108 .9565 37,873,610 19 6 F - Commercial Real 6,522,846 .9328 6,992,759 7 7 F - Commercial Real 6,885,350 1.0276 6,700,418 7 8 F - Commercial Real 7,481,368 .9556 7,828,974 4 9 L - Commercial Personal 4,346,848 1.1166 3,892,932 9 10 L - Commercial Personal 4,341,358 .9119 4,760,783 6 11 L - Commercial Personal 4,474,966 .8725 5,128,901 5 12 L - Commercial Personal 4,229,712 1.1319 3,736,825 2 Random Totals: 172,272,592 177,721,495 125 Cat J Exception Values: 10,172,260 10,624,346 Cat D1 Exception Values: 4,140,437 3,136,389 Other Exception Values: 0 0 Exception Totals(3): 14,312,697 13,760,735 Test Values(4): 186,585,289 191,482,230 Margin of Error Percent: 5.0000000 Margin of Error Value: 9,574,112 Confidence Interval Values: State Lower Limit: 181,908,118 (State Test Value Minus Margin of Error Value) Local Test Value: 186,585,289 (Within Confidence Interval Limits) State Upper Limit: 201,056,342 (State Test Value Plus Margin of Error Value) Value Assigned (5): 328,646,226 (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.
