School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:11                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        019-905-019 New Boston

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
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  1      A  - Single-family Residences         25,462,882     .9903      25,712,291        7
  2      A  - Single-family Residences         25,495,045     .9992      25,515,457        7
  3      A  - Single-family Residences         25,462,882     .9721      26,193,686        7
  4      A  - Single-family Residences         25,430,718     .9879      25,742,199        7
  5      D  - Rural Real                       31,884,079    1.0354      30,793,972       10
  6      F  - Commercial Real                   7,145,514     .9564       7,471,261        7
  7      F  - Commercial Real                   7,336,380     .9796       7,489,159        6
  8      F  - Commercial Real                   6,918,862    1.0140       6,823,335        6
  9      F  - Commercial Real                   6,963,596    1.0434       6,673,947        4
 10      L  - Commercial Personal              17,408,601    1.0026      17,363,456       10

Random Totals:                                179,508,559               179,778,763       71
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       7,563,942                 6,944,392
 Other Exception Values:                                0                         0
Exception Totals(3):                            7,563,942                 6,944,392
Test Values(4):                               187,072,501               186,723,155

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      9,336,158
Confidence Interval Values:
  State Lower Limit:                                      177,386,997  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       187,072,501  (Within Confidence Interval Limits)
  State Upper Limit:                                      196,059,313  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       201,306,355  (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.