Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 20:48 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 198-903-198 Franklin ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 12,129,465 .9415 12,883,128 7 2 A - Single-family Residences 12,129,465 .8969 13,523,765 9 3 A - Single-family Residences 12,154,968 .9995 12,161,049 9 4 A - Single-family Residences 12,052,954 1.0203 11,813,147 8 5 D - Rural Real 52,513,930 .9219 56,962,718 12 6 G - Oil, Gas, Minerals 184,361,410 1.0511 175,398,544 31 Random Totals: 285,342,192 282,742,351 76 Cat J Exception Values: 17,865,916 18,492,589 Cat D1 Exception Values: 12,834,170 13,077,459 Other Exception Values: 0 0 Exception Totals(3): 30,700,086 31,570,048 Test Values(4): 316,042,278 314,312,399 Margin of Error Percent: 5.0000000 Margin of Error Value: 15,715,620 Confidence Interval Values: State Lower Limit: 298,596,779 (State Test Value Minus Margin of Error Value) Local Test Value: 316,042,278 (Within Confidence Interval Limits) State Upper Limit: 330,028,019 (State Test Value Plus Margin of Error Value) Value Assigned (5): 354,978,290 (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.
