Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 17:41 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 043-911-043 Princeton ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 54,391,745 .8531 63,757,760 19 2 A - Single-family Residences 54,460,450 .9239 58,946,260 30 3 A - Single-family Residences 54,414,647 1.0152 53,599,928 20 4 A - Single-family Residences 54,323,040 1.0087 53,854,506 41 5 C - Vacant Lots 5,053,822 .9970 5,069,029 10 6 C - Vacant Lots 4,828,223 .9770 4,941,886 9 7 C - Vacant Lots 4,916,776 1.0173 4,833,162 7 8 C - Vacant Lots 4,937,860 1.0754 4,591,650 7 9 D - Rural Real 41,830,648 1.0176 41,107,162 21 10 F - Commercial Real 5,166,056 .9377 5,509,284 6 11 F - Commercial Real 5,032,286 .9644 5,218,049 5 12 F - Commercial Real 5,507,912 1.0258 5,369,382 4 Random Totals: 294,863,465 306,798,058 179 Cat J Exception Values: 0 0 Cat D1 Exception Values: 2,485,897 2,084,944 Other Exception Values: 3,868,128 5,039,591 Exception Totals(3): 6,354,025 7,124,535 Test Values(4): 301,217,490 313,922,593 Margin of Error Percent: 5.0000000 Margin of Error Value: 15,696,130 Confidence Interval Values: State Lower Limit: 298,226,463 (State Test Value Minus Margin of Error Value) Local Test Value: 301,217,490 (Within Confidence Interval Limits) State Upper Limit: 329,618,723 (State Test Value Plus Margin of Error Value) Value Assigned (5): 304,006,824 (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.
