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12 <br /> 1 Slide #20 <br /> Fr: <br /> Vertical Equity — PRD <br /> Equity between low and high value parcels <br /> — if high value parcels are under-appraised <br /> relative to low value — regressive PRD 1.03 <br /> — If low value parcels are under-appraised <br /> relative to high value — progressive PP.D<.98 <br /> — No bias - PRD acceptable range .98-1.03 <br /> 2 2 kn�.,....... <br /> 3 He said that vertical equity is regressive, and they do not want to be. He said that if high <br /> 4 value parcels are under appraised compared to lower value appraisers that is not good. He said <br /> 5 that there is also progressive bias. He said the goal is to have no vertical equity bias. <br /> 6 <br /> 7 Slide #21 <br /> r- Equity <br /> Pi-v lEd. Q$ : <br /> Pir 1�e1 <br /> �.ts115e1. <br /> No 6111 DA- <br /> or <br /> Or # <br /> 4 <br /> 7u a¢ 3c:} 60 99 74 E9 <br /> MEt <br /> :" :r�,e L—d r�Pr ffzllm(1D• 1 <br /> f.rlreh. e r <br /> inn 1.11 <br /> I'rrcn H.31, !7# <br /> 9 <br /> �Wb-- <br /> 9 <br />