Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 16:58 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 011-902-011 Elgin ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 79,951,315 .9667 82,705,405 22 2 A - Single-family Residences 79,884,044 .9417 84,829,610 44 3 A - Single-family Residences 79,917,680 1.0044 79,567,583 48 4 A - Single-family Residences 79,816,773 .9562 83,472,885 25 5 D - Rural Real 138,692,988 1.0323 134,353,374 40 6 F - Commercial Real 11,127,182 .9219 12,069,836 8 7 F - Commercial Real 11,178,827 .9753 11,461,937 7 8 F - Commercial Real 11,756,314 .9885 11,893,084 5 Random Totals: 492,325,123 500,353,714 199 Cat J Exception Values: 0 0 Cat D1 Exception Values: 8,107,304 9,966,580 Other Exception Values: 10,459,876 10,965,918 Exception Totals(3): 18,567,180 20,932,498 Test Values(4): 510,892,303 521,286,212 Margin of Error Percent: 5.0000000 Margin of Error Value: 26,064,311 Confidence Interval Values: State Lower Limit: 495,221,901 (State Test Value Minus Margin of Error Value) Local Test Value: 510,892,303 (Within Confidence Interval Limits) State Upper Limit: 547,350,523 (State Test Value Plus Margin of Error Value) Value Assigned (5): 583,967,846 (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.
