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r <br />JAN 91980 aooK 42 PAGE 444 <br />Indian River County <br />INTERPRETATION <br />Stratum 1'r1: Institutional, Governmental and Miscellaneous <br />C_ Real Property Parcels. (70-98) <br />No appraisals were performed in this stratum. <br />C <br />Stratum #2: All Agricultural Parcels (50-69) <br />The average parcel is assessed at 91.9% of full assessed <br />value as prescribed by Section 193.461, F.S. The average dollar <br />of assessed value is at 80.7. The median ratio is 88.1%. The <br />coefficient of variation is 45.9. This indicates that there is <br />a moderate general equity problem. The price related differential <br />is 113.9. This indicates that there is a significant value -related <br />equity problem. That means the higher value parcels tend to be <br />assessed at a lower level than average value parcels. <br />Stratum #3: Parcels Assessed At $200,000 Or Over. <br />The average parcel is assessed at 84.4%. The average dollar <br />of assessed value is at 84.3%. The median ratio is 82.1%. The <br />coefficient of variation is 19.7. This indicates no significant <br />general equity problem. The price related differential is 100.2, <br />this indicates that there is no significant value -related equity <br />problem. <br />Stratum 7#4: Vacant Land Parcels (00, 10, 40, 99) <br />The average parcel is assessed at 81.5%. The average dollar <br />of assessed value is -at 74.5%. The median ratio is 83.7%. The <br />coefficient of variation is 35.7. This indicates that there is <br />a mild general equity problem. The price related differential <br />is 109.4, this indicates there is no signi.ficant.value-related <br />equity problem. <br />Stratum #5: Improved Residential Parcels (01-09) <br />The average parcel is assessed at 91.6%.- The average dollar <br />of assessed value is at 81.2%. The median ratio is 79.5%. The <br />coefficient of variation is 85.3. This indicates that there is <br />way serious general equity problem. The price related differential <br />112.9, this indicates there is a significant value -related equity <br />problem. That means the higher value parcels tend to be assessed <br />at a lower level than average value parcels.. <br />Stratum 476: Improved Commercial and Industrial Parcels (11-39, 41-49) <br />The average parcel is assessed at 90.2%. The average dollar <br />of assessed value is at 87.9%. The median ratio is 91.3%. The <br />coefficient of variation is 22.6. This indicated that there is <br />a very mild general equity problem. The price related differential <br />is 102.6, this indicates that there is no significant value -related <br />equity problem. <br />Stratum #7: DSC Parcels <br />The average parcel is assessed <br />of assessed value is at 72.4%. The <br />coefficient of variation is 28.3. <br />a mild general equity problem. The <br />is 107.0, this indicates that there <br />related equity problem. <br />0 <br />at 75.6%. The average dollar <br />median ratio is 81.6%. The <br />This indicates that there is <br />price related differential <br />is no significant value - <br />C' <br />