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 018-906-018 Iredell ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 1,517,760 .9436 1,608,478 7 2 A - Single-family Residences 1,509,453 .9283 1,626,040 7 3 A - Single-family Residences 1,542,045 .8424 1,830,538 6 4 A - Single-family Residences 1,510,731 .8916 1,694,404 6 5 D - Rural Real 21,761,870 .8559 25,425,716 10 Random Totals: 27,841,859 32,185,176 36 Cat J Exception Values: 0 0 Cat D1 Exception Values: 7,344,870 6,659,325 Other Exception Values: 0 0 Exception Totals(3): 7,344,870 6,659,325 Test Values(4): 35,186,729 38,844,501 Margin of Error Percent: 5.2331448 Margin of Error Value: 2,032,789 Confidence Interval Values: Local Test Value: 35,186,729 (Outside of ConfidenceInterval Limits) State Lower Limit: 36,811,712 (State Test Value Minus Margin of Error Value) State Upper Limit: 40,877,290 (State Test Value Plus Margin of Error Value) Value Assigned (5): 40,030,444 (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.
