School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:11                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        019-907-019 Texarkana

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                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
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  1      A  - Single-family Residences        133,707,279     .8906     150,131,685       16
  2      A  - Single-family Residences        133,707,279     .9190     145,492,143       25
  3      A  - Single-family Residences        133,707,279     .9366     142,758,145       19
  4      A  - Single-family Residences        133,707,279     .9453     141,444,281       12
  5      F  - Commercial Real                  86,945,113    1.0026      86,719,642        8
  6      F  - Commercial Real                  87,128,001     .9574      91,004,806        7
  7      F  - Commercial Real                  86,762,225     .9981      86,927,387        7
  8      F  - Commercial Real                  86,652,492     .9964      86,965,568        5
  9      L  - Commercial Personal             173,211,400    1.0113     171,275,981       10

Random Totals:                              1,055,528,347             1,102,719,638      109
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       1,133,232                   890,081
 Other Exception Values:                                0                         0
Exception Totals(3):                            1,133,232                   890,081
Test Values(4):                             1,056,661,579             1,103,609,719

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     55,180,486
Confidence Interval Values:
  State Lower Limit:                                    1,048,429,233  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     1,056,661,579  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,158,790,205  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,263,055,988  (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.