School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:45                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        194-904-194 Clarksville

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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         14,144,724    1.0690      13,231,734       16
  2      A  - Single-family Residences         14,156,625    1.0112      13,999,827       10
  3      A  - Single-family Residences         14,156,625    1.0099      14,017,848        7
  4      A  - Single-family Residences         14,085,217     .9937      14,174,516        7
  5      D  - Rural Real                       32,822,530     .9881      33,217,822       21
  6      F  - Commercial Real                   3,324,446     .9792       3,395,063        7
  7      F  - Commercial Real                   3,430,963     .9817       3,494,920        7
  8      F  - Commercial Real                   4,044,836     .9982       4,052,130        5
  9      L  - Commercial Personal               1,945,318    1.1475       1,695,266        7
 10      L  - Commercial Personal               1,942,163     .9785       1,984,837        6
 11      L  - Commercial Personal               1,902,205    1.0303       1,846,263        5
 12      L  - Commercial Personal               1,906,411    1.0830       1,760,306        4

Random Totals:                                107,862,063               106,870,532      102
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      43,659,880                41,401,886
 Other Exception Values:                        4,705,354                 4,717,790
Exception Totals(3):                           48,365,234                46,119,676
Test Values(4):                               156,227,297               152,990,208

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      7,649,510
Confidence Interval Values:
  State Lower Limit:                                      145,340,698  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       156,227,297  (Within Confidence Interval Limits)
  State Upper Limit:                                      160,639,718  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       175,165,998  (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.