Skip to content
Quick Start for:




Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:13                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        178-902-178 Bishop

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences         19,403,334    1.0271      18,891,378       10
  2      A  - Single-family Residences         19,427,833     .9652      20,128,298        8
  3      A  - Single-family Residences         19,354,336     .9881      19,587,426        8
  4      A  - Single-family Residences         19,395,168     .9777      19,837,545        7
  5      D  - Rural Real                       11,999,348     .9982      12,020,986       16
  6      G  - Oil, Gas, Minerals               20,135,680     .9977      20,182,099       12

Random Totals:                                109,715,699               110,647,732       61
 Cat J Exception Values:                       11,493,252                11,780,238
 Cat D1 Exception Values:                      28,597,329                30,786,859
 Other Exception Values:                       18,657,400                19,377,936
Exception Totals(3):                           58,747,981                61,945,033
Test Values(4):                               168,463,680               172,592,765

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      8,629,638
Confidence Interval Values:
  State Lower Limit:                                      163,963,127  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       168,463,680  (Within Confidence Interval Limits)
  State Upper Limit:                                      181,222,403  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       466,783,533  (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.