Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 16:41 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 212-909-212 Chapel Hill ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 96,997,861 .9840 98,575,062 20 2 A - Single-family Residences 96,875,543 1.0030 96,585,786 42 3 A - Single-family Residences 96,753,226 .9953 97,210,114 27 4 A - Single-family Residences 96,671,680 1.0116 95,563,147 45 5 D - Rural Real 72,987,670 1.0133 72,029,675 21 6 F - Commercial Real 12,502,744 .9829 12,720,260 8 7 F - Commercial Real 12,212,345 .9102 13,417,211 6 8 F - Commercial Real 12,393,845 1.0170 12,186,672 5 9 F - Commercial Real 12,144,930 1.2341 9,841,123 3 10 L - Commercial Personal 11,890,732 1.0027 11,858,713 9 11 L - Commercial Personal 11,692,223 .9742 12,001,871 6 12 L - Commercial Personal 11,811,329 1.0392 11,365,790 4 Random Totals: 544,934,128 543,355,424 196 Cat J Exception Values: 0 0 Cat D1 Exception Values: 11,565,958 10,687,805 Other Exception Values: 8,406,276 8,101,026 Exception Totals(3): 19,972,234 18,788,831 Test Values(4): 564,906,362 562,144,255 Margin of Error Percent: 5.0000000 Margin of Error Value: 28,107,213 Confidence Interval Values: State Lower Limit: 534,037,042 (State Test Value Minus Margin of Error Value) Local Test Value: 564,906,362 (Within Confidence Interval Limits) State Upper Limit: 590,251,468 (State Test Value Plus Margin of Error Value) Value Assigned (5): 624,688,069 (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.
