School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     19:55                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        149-902-149 Three Rivers

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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          6,260,367    1.0895       5,746,092        9
  2      A  - Single-family Residences          6,297,333     .9681       6,504,837        9
  3      A  - Single-family Residences          6,286,771     .9463       6,643,528        9
  4      A  - Single-family Residences          6,241,884     .9055       6,893,301        9
  5      D  - Rural Real                       22,466,590     .9860      22,785,588       20
  6      F  - Commercial Real                   2,578,234     .9345       2,758,945        7
  7      F  - Commercial Real                   2,690,806    1.0333       2,604,090        6
  8      F  - Commercial Real                   2,515,936     .9224       2,727,598        4
  9      G  - Oil, Gas, Minerals               38,342,710     .9941      38,570,275       41

Random Totals:                                 93,680,631                95,234,254      114
 Cat J Exception Values:                       13,464,915                13,913,749
 Cat D1 Exception Values:                      17,429,980                21,547,451
 Other Exception Values:                        2,662,924                 2,761,295
Exception Totals(3):                           33,557,819                38,222,495
Test Values(4):                               127,238,450               133,456,749

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      6,672,837
Confidence Interval Values:
  State Lower Limit:                                      126,783,912  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       127,238,450  (Within Confidence Interval Limits)
  State Upper Limit:                                      140,129,586  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       358,842,825  (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.