Skip to content
Quick Start for:




Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:34                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        126-902-126 Burleson

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences        301,185,536     .9685     310,981,452       38
  2      A  - Single-family Residences        300,678,703     .9876     304,453,932       55
  3      A  - Single-family Residences        300,932,120     .9849     305,545,863       57
  4      A  - Single-family Residences        301,058,828    1.0293     292,488,903       56
  5      D  - Rural Real                       90,828,360    1.0085      90,062,826       15
  6      F  - Commercial Real                  60,795,657     .7860      77,348,164       11
  7      F  - Commercial Real                  60,693,736    1.0439      58,141,332        9
  8      F  - Commercial Real                  63,649,435     .9441      67,418,107        8
  9      F  - Commercial Real                  56,795,272    1.0051      56,507,086        7
 10      L  - Commercial Personal              88,406,130    1.0515      84,076,205       21

Random Totals:                              1,625,023,777             1,647,023,870      277
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       1,647,580                 1,645,159
 Other Exception Values:                                0                         0
Exception Totals(3):                            1,647,580                 1,645,159
Test Values(4):                             1,626,671,357             1,648,669,029

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     82,433,451
Confidence Interval Values:
  State Lower Limit:                                    1,566,235,578  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     1,626,671,357  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,731,102,480  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,590,331,129  (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.