School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:10                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        108-911-108 Sharyland

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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        179,434,369     .9059     198,073,042       35
  2      A  - Single-family Residences        179,434,369     .9676     185,442,713       61
  3      A  - Single-family Residences        179,661,023     .9886     181,732,777       60
  4      A  - Single-family Residences        179,283,266     .9564     187,456,363       39
  5      C  - Vacant Lots                      15,390,592     .9899      15,547,623        7
  6      C  - Vacant Lots                      15,397,075     .9868      15,603,035        8
  7      C  - Vacant Lots                      15,371,143     .9538      16,115,688       26
  8      C  - Vacant Lots                      15,371,143     .9382      16,383,653        8
  9      D  - Rural Real                       56,234,257     .8938      62,915,929       11
 10      F  - Commercial Real                  32,366,509     .8462      38,249,242        8
 11      F  - Commercial Real                  32,516,417     .9683      33,580,933        7
 12      F  - Commercial Real                  39,398,558     .9963      39,544,874        5
 13      L  - Commercial Personal              91,181,598     .9917      91,944,739       12

Random Totals:                              1,031,040,319             1,082,590,611      287
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       2,353,345                 2,188,740
 Other Exception Values:                      182,603,484               182,195,942
Exception Totals(3):                          184,956,829               184,384,682
Test Values(4):                             1,215,997,148             1,266,975,293

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     63,348,765
Confidence Interval Values:
  State Lower Limit:                                    1,203,626,528  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     1,215,997,148  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,330,324,058  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,050,361,833  (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.