Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 16:05 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 170-903-170 Montgomery ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 387,199,086 .9234 419,318,915 15 2 A - Single-family Residences 387,362,117 1.0031 386,165,005 16 3 A - Single-family Residences 387,362,117 .9765 396,684,196 16 4 A - Single-family Residences 386,873,023 .9288 416,529,956 16 5 C - Vacant Lots 48,241,093 1.2232 39,438,434 8 6 C - Vacant Lots 48,078,938 1.0086 47,668,985 11 7 C - Vacant Lots 48,342,440 .9397 51,444,546 12 8 C - Vacant Lots 47,876,244 1.0405 46,012,728 14 Random Totals: 1,741,335,058 1,803,262,765 108 Cat J Exception Values: 0 0 Cat D1 Exception Values: 16,753,366 15,360,558 Other Exception Values: 0 0 Exception Totals(3): 16,753,366 15,360,558 Test Values(4): 1,758,088,424 1,818,623,323 Margin of Error Percent: 5.0000000 Margin of Error Value: 90,931,166 Confidence Interval Values: State Lower Limit: 1,727,692,157 (State Test Value Minus Margin of Error Value) Local Test Value: 1,758,088,424 (Within Confidence Interval Limits) State Upper Limit: 1,909,554,489 (State Test Value Plus Margin of Error Value) Value Assigned (5): 1,844,037,111 (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.
