Skip to content
Quick Start for:




Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:07                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        219-905-219 Kress

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences          1,723,076     .9265       1,859,769        7
  2      A  - Single-family Residences          1,713,676     .8895       1,926,561        7
  3      A  - Single-family Residences          1,744,768    1.0146       1,719,661        6
  4      A  - Single-family Residences          1,694,153     .9966       1,699,933        6
  5      D  - Rural Real                       11,929,860     .9245      12,904,121       11

Random Totals:                                 18,805,533                20,110,045       37
 Cat J Exception Values:                        6,736,174                 6,517,808
 Cat D1 Exception Values:                      22,487,850                20,243,042
 Other Exception Values:                                0                         0
Exception Totals(3):                           29,224,024                26,760,850
Test Values(4):                                48,029,557                46,870,895

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      2,343,545
Confidence Interval Values:
  State Lower Limit:                                       44,527,350  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                        48,029,557  (Within Confidence Interval Limits)
  State Upper Limit:                                       49,214,440  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        49,980,928  (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.