Skip to content
Quick Start for:




Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:24                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        043-908-043 Melissa

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences         34,459,504     .9979      34,532,021       34
  2      A  - Single-family Residences         34,387,080    1.0038      34,256,904       24
  3      A  - Single-family Residences         34,604,353    1.0008      34,576,692       15
  4      A  - Single-family Residences         34,184,292     .9738      35,104,017        6
  5      D  - Rural Real                       21,462,229    1.0062      21,329,983       16
  6      F  - Commercial Real                   4,464,857     .9406       4,746,818        6
  7      F  - Commercial Real                   4,287,338     .9643       4,446,062        5
  8      F  - Commercial Real                   4,091,889    1.0296       3,974,251        4
  9      L  - Commercial Personal               2,721,096     .9995       2,722,457        8
 10      L  - Commercial Personal               2,681,452     .8100       3,310,435        4
 11      L  - Commercial Personal               3,249,678     .8976       3,620,408        4

Random Totals:                                180,593,768               182,620,048      126
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       1,773,468                 1,506,474
 Other Exception Values:                        4,722,130                 4,902,236
Exception Totals(3):                            6,495,598                 6,408,710
Test Values(4):                               187,089,366               189,028,758

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      9,451,438
Confidence Interval Values:
  State Lower Limit:                                      179,577,320  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       187,089,366  (Within Confidence Interval Limits)
  State Upper Limit:                                      198,480,196  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       200,191,291  (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.