Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 21:36 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 238-904-238 Granfalls-Royalty ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 D - Rural Real 2,487,970 1.0169 2,446,622 12 2 G - Oil, Gas, Minerals 59,355,920 1.0287 57,699,932 25 Random Totals: 61,843,890 60,146,554 37 Cat J Exception Values: 5,216,228 5,198,620 Cat D1 Exception Values: 379,490 396,647 Other Exception Values: 0 0 Exception Totals(3): 5,595,718 5,595,267 Test Values(4): 67,439,608 65,741,821 Margin of Error Percent: 5.0000000 Margin of Error Value: 3,287,091 Confidence Interval Values: State Lower Limit: 62,454,730 (State Test Value Minus Margin of Error Value) Local Test Value: 67,439,608 (Within Confidence Interval Limits) State Upper Limit: 69,028,912 (State Test Value Plus Margin of Error Value) Value Assigned (5): 79,212,848 (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.
