Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 16:53 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 225-906-225 Chapel Hill ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 7,835,859 .9857 7,949,537 7 2 A - Single-family Residences 7,809,587 .9316 8,382,983 10 3 A - Single-family Residences 7,829,291 .9507 8,235,291 7 4 A - Single-family Residences 7,724,200 1.0250 7,535,805 7 5 D - Rural Real 24,379,796 .9687 25,167,540 11 Random Totals: 55,578,733 57,271,156 42 Cat J Exception Values: 3,025,666 3,002,072 Cat D1 Exception Values: 3,707,785 2,640,089 Other Exception Values: 0 0 Exception Totals(3): 6,733,451 5,642,161 Test Values(4): 62,312,184 62,913,317 Margin of Error Percent: 5.0000000 Margin of Error Value: 3,145,666 Confidence Interval Values: State Lower Limit: 59,767,651 (State Test Value Minus Margin of Error Value) Local Test Value: 62,312,184 (Within Confidence Interval Limits) State Upper Limit: 66,058,983 (State Test Value Plus Margin of Error Value) Value Assigned (5): 60,883,282 (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.
