Date: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 17:58 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 057-910-057 Grand Prairie ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 540,900,591 .9694 557,974,614 50 2 A - Single-family Residences 540,900,591 .9646 560,751,183 50 3 A - Single-family Residences 540,217,636 .9820 550,119,792 50 4 A - Single-family Residences 540,672,940 1.0149 532,735,186 48 5 B - Multi-family Residences 56,605,898 .9966 56,799,015 32 6 B - Multi-family Residences 60,536,863 .9594 63,098,669 6 7 B - Multi-family Residences 56,296,185 .9769 57,627,377 4 8 B - Multi-family Residences 52,317,572 .9579 54,616,945 3 9 F - Commercial Real 132,400,216 .7038 188,121,932 7 10 F - Commercial Real 131,677,932 .9873 133,371,753 7 11 F - Commercial Real 139,289,695 .9970 139,708,821 6 12 F - Commercial Real 124,510,652 1.0304 120,837,201 5 13 L - Commercial Personal 76,888,697 1.0828 71,009,140 7 14 L - Commercial Personal 77,276,697 .9084 85,069,019 7 15 L - Commercial Personal 79,701,698 .8373 95,188,938 6 16 L - Commercial Personal 73,299,695 .9988 73,387,760 6 Random Totals: 3,223,493,558 3,340,417,345 294 Cat J Exception Values: 0 0 Cat D1 Exception Values: 189,570 174,355 Other Exception Values: 0 0 Exception Totals(3): 189,570 174,355 Test Values(4): 3,223,683,128 3,340,591,700 Margin of Error Percent: 5.0000000 Margin of Error Value: 167,029,585 Confidence Interval Values: State Lower Limit: 3,173,562,115 (State Test Value Minus Margin of Error Value) Local Test Value: 3,223,683,128 (Within Confidence Interval Limits) State Upper Limit: 3,507,621,285 (State Test Value Plus Margin of Error Value) Value Assigned (5): 3,480,288,390 (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.
