Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 16:08 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 174-909-174 Martinsville ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 1,974,246 .9534 2,070,743 7 2 A - Single-family Residences 1,978,424 .9951 1,988,166 6 3 A - Single-family Residences 2,074,504 1.0086 2,056,815 6 4 A - Single-family Residences 1,917,433 1.0041 1,909,604 7 5 D - Rural Real 16,040,770 1.0268 15,622,098 10 Random Totals: 23,985,377 23,647,426 36 Cat J Exception Values: 0 0 Cat D1 Exception Values: 6,497,910 6,808,583 Other Exception Values: 0 0 Exception Totals(3): 6,497,910 6,808,583 Test Values(4): 30,483,287 30,456,009 Margin of Error Percent: 6.6801202 Margin of Error Value: 2,034,498 Confidence Interval Values: State Lower Limit: 28,421,511 (State Test Value Minus Margin of Error Value) Local Test Value: 30,483,287 (Within Confidence Interval Limits) State Upper Limit: 32,490,507 (State Test Value Plus Margin of Error Value) Value Assigned (5): 26,471,281 (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.
