Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 16:18 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 183-904-183 Gary ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 4,990,315 .9212 5,417,190 7 2 A - Single-family Residences 5,005,048 .9841 5,085,914 7 3 A - Single-family Residences 5,026,095 .9686 5,189,031 7 4 A - Single-family Residences 4,967,163 .9913 5,010,757 6 5 D - Rural Real 12,203,810 .8803 13,863,240 10 6 G - Oil, Gas, Minerals 50,862,620 1.0557 48,179,047 23 Random Totals: 83,055,051 82,745,179 60 Cat J Exception Values: 3,087,660 3,055,086 Cat D1 Exception Values: 9,946,850 10,802,613 Other Exception Values: 0 0 Exception Totals(3): 13,034,510 13,857,699 Test Values(4): 96,089,561 96,602,878 Margin of Error Percent: 5.6792055 Margin of Error Value: 5,486,276 Confidence Interval Values: State Lower Limit: 91,116,602 (State Test Value Minus Margin of Error Value) Local Test Value: 96,089,561 (Within Confidence Interval Limits) State Upper Limit: 102,089,154 (State Test Value Plus Margin of Error Value) Value Assigned (5): 95,571,934 (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.
