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 070-911-070 Red Oak ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 172,802,120 .9637 179,311,113 18 2 A - Single-family Residences 172,656,664 1.0305 167,546,496 14 3 A - Single-family Residences 172,729,392 1.0424 165,703,561 13 4 A - Single-family Residences 172,729,392 1.0270 168,188,308 15 Random Totals: 690,917,568 680,749,478 60 Cat J Exception Values: 0 0 Cat D1 Exception Values: 1,272,780 1,355,563 Other Exception Values: 0 0 Exception Totals(3): 1,272,780 1,355,563 Test Values(4): 692,190,348 682,105,041 Margin of Error Percent: 5.0000000 Margin of Error Value: 34,105,252 Confidence Interval Values: State Lower Limit: 647,999,789 (State Test Value Minus Margin of Error Value) Local Test Value: 692,190,348 (Within Confidence Interval Limits) State Upper Limit: 716,210,293 (State Test Value Plus Margin of Error Value) Value Assigned (5): 786,916,203 (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.
