Form 2793 - 2010 24 And 12 Month Sales Ratio Study For Determining The 2011 Starting Base

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L-4017
Michigan Department of Treasury
2793 (Rev.7-10)
2010 24 and 12 Month Sales Ratio Study for Determining the 2011 Starting Base
Use this form with your assessment/sales ratio study to determine the ratio and true cash value amounts entered on the
Analysis for Equalized Valuation (Form 603, formerly Form L-4018R).
County Name:
City or Township Name:
Ingham
Lansing
Classification of Property (Ag, Com, Res, etc.)
4 01
Residential Sales Study
2008 to 2009 Adjustment Modifier
1. Enter the assessed valuation after adjustment from the 2009 form L-4023 line
4 05 ................... 1.
2. Enter the assessed valuation before adjustment from the 2009 form L-4023 line
4 03 ................... 2.
3. 2008 to 2009 Adjustment Modifier. Divide line 1 by line 2 .......................................................................................... 3.
2009 to 2010 Adjustment Modifier
4. Enter the assessed valuation after adjustment from the 2010 form L-4023 line
4 05 .................. 4.
5. Enter the assessed valuation before adjustment from the 2010 form L-4023 line
4 03 .................. 5.
6. 2009 to 2010 Adjustment Modifier. Divide line 4 by line 5 .......................................................................................... 6.
2008 to 2010 Adjustment Modifier
7. 2008 to 2010 Adjustment Modifier. Multiply line 3 by line 6................................................................................................ 7.
24 Month Sales Study
E
F
G
H
Applicable
Adjusted
Total
Adjusted
A
B
C
D
Year of
Sales
Number
Total Assessed
Adjustment
Assessed
Adjusted
% Ratio
Period
of Sales
Value for Sales
Modifier
Value
Prices
Assessment
(col. F ÷ col. G)
-2
10/08 - 3/09
0.00%
-1
4/09 - 9-09
0.00%
0
0
0
12 Month Total Sales
12 Month Total Sales
-1
10/09 - 3/10
0.00%
0
4/10 - 9/10
1.0000
-
0.00%
0
0
0
12 Month Total Sales
12 Month Total Sales
24 Month Total Sales
0
24 Month Total Sales
0
0
*24 Month Mean Adjusted Ratio
* Important: For Sales from Oct. 2008 through Sept. 2009, divide the 12 month total 'Adjusted Assessed Value'
by the 'Total Prices for Sales' to get the 12 month 'Adjusted % Ratio'. Repeat this process for sales from
Oct. 2009 through Sept. 2010. Finally, sum the two 'Adjusted % Ratios' and divide the result by 2 to get the
'Mean Adjusted Ratio'. The 'Mean Adjusted Ratio' in column H is carried to Form 603 (formerly Form L-4018).
12 Month / Single Year Sales Study
L-4047
2804 (Rev. 7-10)
E
F
G
H
Applicable
Adjusted
Total
Adjusted
A
B
C
D
Year of
Sales
Number
Total Assessed
Adjustment
Assessed
Prices
Ratio %
Period
of Sales
Value for Sales
Modifier
Value
for Sales
Assessment
(col. F ÷ col. G)
-1
10/09 - 3/10
0
0
0
0.00%
0
4/10 - 9/10
0
0
1.0000
-
0
0.00%
0
0
0
12 Month Total Sales
12 Month Total Sales
** 12 Month Aggregate Adjusted Ratio
** Important: For Sales from Oct. 2009 through Sept. 2010, divide the 12 month total 'Adjusted Assessed Value'
by the 'Total Prices for Sales' to get the '12 Month Aggregate Adjusted % Ratio'. The 'Aggregate Adjusted
Ratio' in column H is carried to Form 603 (formerly Form L-4018).
-2 March Board of Review valuations are compared with sales transacted during
the last three months of 2008 and those transacted in the first three months of 2009.
-1 March Board of Review valuations are compared with sales transacted during
the last nine months of 2009 and those transacted in the first three months of 2010.
0 March Board of Review valuations are compared with sales transacted during
April through September of 2010.
7/21/2010

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