Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 20:25 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 176-902-176 Newton ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 13,500,347 .7323 18,435,541 8 2 A - Single-family Residences 13,483,308 .8955 15,056,737 8 3 A - Single-family Residences 13,506,027 .8201 16,468,756 8 4 A - Single-family Residences 13,471,949 .9708 13,877,162 9 5 D - Rural Real 21,431,744 1.0612 20,195,763 17 Random Totals: 75,393,375 84,033,959 50 Cat J Exception Values: 0 0 Cat D1 Exception Values: 64,587,898 62,720,851 Other Exception Values: 0 0 Exception Totals(3): 64,587,898 62,720,851 Test Values(4): 139,981,273 146,754,810 Margin of Error Percent: 5.0000000 Margin of Error Value: 7,337,741 Confidence Interval Values: State Lower Limit: 139,417,069 (State Test Value Minus Margin of Error Value) Local Test Value: 139,981,273 (Within Confidence Interval Limits) State Upper Limit: 154,092,551 (State Test Value Plus Margin of Error Value) Value Assigned (5): 162,707,555 (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.
