Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 21:05 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 216-901-216 Sterling City ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 2,937,989 .8986 3,269,518 9 2 A - Single-family Residences 2,961,443 .7627 3,882,841 7 3 A - Single-family Residences 2,923,175 .7632 3,830,156 8 4 A - Single-family Residences 2,907,127 .9268 3,136,736 9 5 D - Rural Real 10,057,430 .8211 12,248,727 16 6 G - Oil, Gas, Minerals 176,800,320 1.0025 176,359,421 41 Random Totals: 198,587,484 202,727,399 90 Cat J Exception Values: 11,600,620 11,835,393 Cat D1 Exception Values: 8,300,119 9,963,150 Other Exception Values: 0 0 Exception Totals(3): 19,900,739 21,798,543 Test Values(4): 218,488,223 224,525,942 Margin of Error Percent: 5.0000000 Margin of Error Value: 11,226,297 Confidence Interval Values: State Lower Limit: 213,299,645 (State Test Value Minus Margin of Error Value) Local Test Value: 218,488,223 (Within Confidence Interval Limits) State Upper Limit: 235,752,239 (State Test Value Plus Margin of Error Value) Value Assigned (5): 273,199,353 (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.
