Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 21:35 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 237-902-237 Hempstead ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 20,920,228 .8446 24,769,391 20 2 A - Single-family Residences 20,779,824 .9557 21,743,041 15 3 A - Single-family Residences 20,867,577 1.0222 20,414,378 16 4 A - Single-family Residences 20,797,374 1.0434 19,932,312 15 5 D - Rural Real 84,719,660 1.0031 84,457,841 20 6 F - Commercial Real 9,091,536 .8599 10,572,783 14 7 F - Commercial Real 9,587,507 .9404 10,195,137 11 8 F - Commercial Real 10,552,744 .9992 10,561,193 6 9 L - Commercial Personal 5,122,507 .9460 5,414,912 7 10 L - Commercial Personal 5,346,254 .9467 5,647,253 6 11 L - Commercial Personal 5,628,088 1.0711 5,254,494 5 12 L - Commercial Personal 4,330,788 .9970 4,343,819 2 Random Totals: 217,744,087 223,306,554 137 Cat J Exception Values: 0 0 Cat D1 Exception Values: 9,812,580 9,038,587 Other Exception Values: 7,308,380 7,377,078 Exception Totals(3): 17,120,960 16,415,665 Test Values(4): 234,865,047 239,722,219 Margin of Error Percent: 8.2355837 Margin of Error Value: 19,742,524 Confidence Interval Values: State Lower Limit: 219,979,695 (State Test Value Minus Margin of Error Value) Local Test Value: 234,865,047 (Within Confidence Interval Limits) State Upper Limit: 259,464,743 (State Test Value Plus Margin of Error Value) Value Assigned (5): 271,360,253 (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.
