What is the Type for this field? Is it String, Short, Long, Float, Double?
Don't know why I asked if it was short or long, because you obviously have decimals in there.
As for why it doesn't work, when I asked early looked at the wrong Help. I accidentally looked up the help for polygon to raster, which will use float or integer.
Raster to Polygon only uses integer or string.
raster_field (Optional)
The field used to assign values from the cells in the input raster to the polygons in the output dataset.
It can be an integer or a string field.
http://help.arcgis.com/en/arcgisdesktop/10.0/help/index.html#//001200000008000000.htm
e input raster can have any cell size and must be a valid integer raster dataset.
Raster to Polygon only takes integer (or string) - period.
This is by design since 9.0
The reason is that too many individual polygons will be created in most cases.
In the case where one really wants float output, then can multiply the raster by, say 1000, and cast to integer, convert and then divide by 1000. This workflow has been repeated many, many times in this Forum.
Steve
Try some of the other suggestions then, there have been several others but you appear to be fixed on one, is there a reason?