Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 12:53 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 015-909-015 Somerset ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 33,721,622 .9831 34,301,314 14 2 A - Single-family Residences 33,764,199 1.0135 33,314,454 14 3 A - Single-family Residences 33,636,466 1.0423 32,271,386 16 4 A - Single-family Residences 33,707,429 .9751 34,568,177 13 5 C - Vacant Lots 5,612,551 .9289 6,042,148 7 6 C - Vacant Lots 5,110,470 .9564 5,343,444 7 7 C - Vacant Lots 5,244,956 1.2446 4,214,170 7 8 C - Vacant Lots 5,321,165 1.2407 4,288,841 7 9 D - Rural Real 34,817,605 .8362 41,637,892 20 Random Totals: 190,936,463 195,981,826 105 Cat J Exception Values: 0 0 Cat D1 Exception Values: 2,161,984 2,689,987 Other Exception Values: 0 0 Exception Totals(3): 2,161,984 2,689,987 Test Values(4): 193,098,447 198,671,813 Margin of Error Percent: 5.0000000 Margin of Error Value: 9,933,591 Confidence Interval Values: State Lower Limit: 188,738,222 (State Test Value Minus Margin of Error Value) Local Test Value: 193,098,447 (Within Confidence Interval Limits) State Upper Limit: 208,605,404 (State Test Value Plus Margin of Error Value) Value Assigned (5): 207,551,127 (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.
