School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:32                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        037-907-037 Rusk

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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         20,979,913     .9382      22,361,877       14
  2      A  - Single-family Residences         21,032,848    1.0549      19,938,239        8
  3      A  - Single-family Residences         20,891,688     .9811      21,294,147        8
  4      A  - Single-family Residences         20,900,510     .9293      22,490,595       10
  5      D  - Rural Real                       71,278,710     .9510      74,951,325       20
  6      F  - Commercial Real                   3,657,638     .9467       3,863,566        7
  7      F  - Commercial Real                   3,656,099     .9603       3,807,247        6
  8      F  - Commercial Real                   3,666,875     .9776       3,750,895        5
  9      F  - Commercial Real                   3,625,311     .9132       3,969,898        3
 10      G  - Oil, Gas, Minerals               23,344,260    1.0088      23,140,623       12

Random Totals:                                193,033,852               199,568,412       93
 Cat J Exception Values:                       14,388,760                15,073,443
 Cat D1 Exception Values:                      34,671,920                31,315,038
 Other Exception Values:                                0                         0
Exception Totals(3):                           49,060,680                46,388,481
Test Values(4):                               242,094,532               245,956,893

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     12,297,845
Confidence Interval Values:
  State Lower Limit:                                      233,659,048  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       242,094,532  (Within Confidence Interval Limits)
  State Upper Limit:                                      258,254,738  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       240,422,570  (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.