Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 17:09 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 018-901-018 Clifton ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 32,684,624 1.0708 30,523,556 7 2 A - Single-family Residences 32,698,380 1.0047 32,545,417 13 3 A - Single-family Residences 32,657,112 1.0464 31,209,014 7 4 A - Single-family Residences 32,629,599 1.0981 29,714,597 12 5 D - Rural Real 48,379,490 1.0509 46,036,245 11 6 F - Commercial Real 5,885,825 1.0042 5,861,208 7 7 F - Commercial Real 5,807,117 1.0384 5,592,370 7 8 F - Commercial Real 6,035,860 .8623 6,999,722 6 9 F - Commercial Real 5,647,243 1.0156 5,560,499 3 Random Totals: 202,425,250 194,042,628 73 Cat J Exception Values: 27,853,732 29,597,442 Cat D1 Exception Values: 11,053,190 10,463,667 Other Exception Values: 0 0 Exception Totals(3): 38,906,922 40,061,109 Test Values(4): 241,332,172 234,103,737 Margin of Error Percent: 5.0000000 Margin of Error Value: 11,705,187 Confidence Interval Values: State Lower Limit: 222,398,550 (State Test Value Minus Margin of Error Value) Local Test Value: 241,332,172 (Within Confidence Interval Limits) State Upper Limit: 245,808,924 (State Test Value Plus Margin of Error Value) Value Assigned (5): 369,655,930 (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.
