Skip to content
Quick Start for:




Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:30                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        124-901-124 Jim Hogg Co

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences         11,728,993    1.0383      11,296,343        7
  2      A  - Single-family Residences         11,704,342     .9477      12,350,261        7
  3      A  - Single-family Residences         11,738,854     .9059      12,958,223        7
  4      A  - Single-family Residences         11,674,761    1.0420      11,204,185        7
  5      D  - Rural Real                       12,581,521    1.0046      12,523,911        9
  6      G  - Oil, Gas, Minerals              152,292,720     .9878     154,173,638       41

Random Totals:                                211,721,191               214,506,561       78
 Cat J Exception Values:                        9,132,622                 9,388,366
 Cat D1 Exception Values:                      41,121,590                51,122,876
 Other Exception Values:                                0                         0
Exception Totals(3):                           50,254,212                60,511,242
Test Values(4):                               261,975,403               275,017,803

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     13,750,890
Confidence Interval Values:
  State Lower Limit:                                      261,266,913  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       261,975,403  (Within Confidence Interval Limits)
  State Upper Limit:                                      288,768,693  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       324,575,697  (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.