Skip to content
Quick Start for:




Date:   1/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:      9:04                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        116-909-116 Wolfe City

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences          6,859,877     .8788       7,805,959        7
  2      A  - Single-family Residences          6,816,715     .8767       7,775,425        8
  3      A  - Single-family Residences          6,819,592     .9031       7,551,314        7
  4      A  - Single-family Residences          6,836,857     .8874       7,704,369        7
  5      D  - Rural Real                       24,863,490    1.0016      24,823,772       19
  6      F  - Commercial Real                   1,000,019     .9730       1,027,769        6
  7      F  - Commercial Real                   1,062,259     .9594       1,107,212        5
  8      F  - Commercial Real                     918,146    1.0089         910,047        4

Random Totals:                                 55,176,955                58,705,867       63
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       4,449,320                 4,291,305
 Other Exception Values:                          996,040                 1,007,198
Exception Totals(3):                            5,445,360                 5,298,503
Test Values(4):                                60,622,315                64,004,370

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      3,200,219
Confidence Interval Values:
  Local Test Value:                                        60,622,315  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                       60,804,151  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                       67,204,589  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        59,052,005  (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.