Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 19:13 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 109-907-109 Itasca ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 6,719,574 1.0178 6,602,057 7 2 A - Single-family Residences 6,708,271 .9851 6,809,736 8 3 A - Single-family Residences 6,708,271 1.0016 6,697,555 8 4 A - Single-family Residences 6,722,400 1.0789 6,230,791 10 5 D - Rural Real 27,316,910 .9538 28,640,082 17 Random Totals: 54,175,426 54,980,221 50 Cat J Exception Values: 8,255,910 8,523,333 Cat D1 Exception Values: 9,709,580 6,462,548 Other Exception Values: 0 0 Exception Totals(3): 17,965,490 14,985,881 Test Values(4): 72,140,916 69,966,102 Margin of Error Percent: 5.6310697 Margin of Error Value: 3,939,840 Confidence Interval Values: State Lower Limit: 66,026,262 (State Test Value Minus Margin of Error Value) Local Test Value: 72,140,916 (Within Confidence Interval Limits) State Upper Limit: 73,905,942 (State Test Value Plus Margin of Error Value) Value Assigned (5): 74,655,690 (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.
