Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 13:52 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 070-905-070 Ferris ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 43,377,872 .9557 45,388,586 12 2 A - Single-family Residences 43,359,607 .9859 43,979,721 20 3 A - Single-family Residences 43,396,136 1.0279 42,218,247 22 4 A - Single-family Residences 43,377,872 1.0731 40,422,954 14 5 D - Rural Real 36,743,570 1.1256 32,643,541 19 6 F - Commercial Real 4,226,229 .9572 4,415,200 11 7 F - Commercial Real 4,325,509 .8185 5,284,678 8 8 F - Commercial Real 4,614,789 .8243 5,598,434 3 Random Totals: 223,421,584 219,951,361 109 Cat J Exception Values: 0 0 Cat D1 Exception Values: 3,996,060 4,470,349 Other Exception Values: 1,725,050 1,725,050 Exception Totals(3): 5,721,110 6,195,399 Test Values(4): 229,142,694 226,146,760 Margin of Error Percent: 6.5045960 Margin of Error Value: 14,709,933 Confidence Interval Values: State Lower Limit: 211,436,827 (State Test Value Minus Margin of Error Value) Local Test Value: 229,142,694 (Within Confidence Interval Limits) State Upper Limit: 240,856,693 (State Test Value Plus Margin of Error Value) Value Assigned (5): 256,826,446 (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.
