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 043-911-043 Princeton ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 54,384,415 .8531 63,749,168 19 2 A - Single-family Residences 54,453,111 .9239 58,938,317 30 3 A - Single-family Residences 54,407,313 1.0152 53,592,704 20 4 A - Single-family Residences 54,315,719 1.0087 53,847,248 41 5 C - Vacant Lots 5,059,814 .9970 5,075,039 10 6 C - Vacant Lots 4,833,948 .9770 4,947,746 9 7 C - Vacant Lots 4,922,606 1.0173 4,838,893 7 8 C - Vacant Lots 4,943,715 1.0754 4,597,094 7 9 D - Rural Real 41,692,814 1.0176 40,971,712 21 10 F - Commercial Real 5,166,056 .9377 5,509,284 6 11 F - Commercial Real 5,032,286 .9644 5,218,049 5 12 F - Commercial Real 5,507,912 1.0258 5,369,382 4 Random Totals: 294,719,709 306,654,636 179 Cat J Exception Values: 0 0 Cat D1 Exception Values: 2,483,267 2,082,622 Other Exception Values: 3,868,128 5,039,591 Exception Totals(3): 6,351,395 7,122,213 Test Values(4): 301,071,104 313,776,849 Margin of Error Percent: 5.0000000 Margin of Error Value: 15,688,842 Confidence Interval Values: State Lower Limit: 298,088,007 (State Test Value Minus Margin of Error Value) Local Test Value: 301,071,104 (Within Confidence Interval Limits) State Upper Limit: 329,465,691 (State Test Value Plus Margin of Error Value) Value Assigned (5): 304,449,593 (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.
