School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     18:42                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        092-907-092 Spring Hill

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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         47,484,835     .9638      49,268,349       23
  2      A  - Single-family Residences         47,544,841     .9178      51,803,052       23
  3      A  - Single-family Residences         47,604,848     .9743      48,860,565       37
  4      A  - Single-family Residences         47,424,829     .9541      49,706,350       14
  5      B  - Multi-family Residences           4,068,004     .8495       4,788,704       10
  6      B  - Multi-family Residences           4,064,594     .8593       4,730,122        8
  7      B  - Multi-family Residences           4,045,839     .9582       4,222,332       14
  8      B  - Multi-family Residences           4,056,069     .8957       4,528,379        9
  9      G  - Oil, Gas, Minerals               20,273,530     .9997      20,279,614       12

Random Totals:                                226,567,389               238,187,467      150
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         339,920                   222,059
 Other Exception Values:                                0                         0
Exception Totals(3):                              339,920                   222,059
Test Values(4):                               226,907,309               238,409,526

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     11,920,476
Confidence Interval Values:
  State Lower Limit:                                      226,489,050  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       226,907,309  (Within Confidence Interval Limits)
  State Upper Limit:                                      250,330,002  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       246,813,406  (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.