Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 20:40 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 187-907-187 Livingston ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 86,087,588 1.0238 84,086,333 24 2 A - Single-family Residences 86,015,123 .9996 86,049,543 17 3 A - Single-family Residences 86,051,356 .9530 90,295,232 29 4 A - Single-family Residences 86,051,356 .9222 93,310,948 20 5 C - Vacant Lots 35,975,691 1.2429 28,944,960 41 6 C - Vacant Lots 35,177,570 1.1828 29,740,928 25 7 C - Vacant Lots 35,584,160 1.0599 33,573,130 17 8 C - Vacant Lots 35,538,983 1.2917 27,513,341 11 9 D - Rural Real 60,313,710 1.0827 55,706,761 20 10 F - Commercial Real 18,965,346 1.0227 18,544,388 12 11 F - Commercial Real 19,196,728 1.1544 16,629,182 14 12 F - Commercial Real 18,885,559 1.1354 16,633,397 8 13 F - Commercial Real 18,773,857 .9390 19,993,458 5 14 L - Commercial Personal 12,441,009 .8208 15,157,175 8 15 L - Commercial Personal 12,414,850 1.0967 11,320,188 11 16 L - Commercial Personal 12,587,496 .9134 13,780,924 9 17 L - Commercial Personal 12,263,130 1.1619 10,554,376 4 Random Totals: 672,323,512 651,834,264 275 Cat J Exception Values: 0 0 Cat D1 Exception Values: 43,231,740 36,095,677 Other Exception Values: 0 0 Exception Totals(3): 43,231,740 36,095,677 Test Values(4): 715,555,252 687,929,941 Margin of Error Percent: 5.0000000 Margin of Error Value: 34,396,497 Confidence Interval Values: State Lower Limit: 653,533,444 (State Test Value Minus Margin of Error Value) Local Test Value: 715,555,252 (Within Confidence Interval Limits) State Upper Limit: 722,326,438 (State Test Value Plus Margin of Error Value) Value Assigned (5): 714,687,492 (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.
