School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:04                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        158-905-158 Palacios

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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         26,113,545     .7199      36,273,851        8
  2      A  - Single-family Residences         26,091,564     .9862      26,456,666        9
  3      A  - Single-family Residences         26,124,535     .9306      28,072,786       10
  4      A  - Single-family Residences         26,080,573     .9244      28,213,515        8
  5      D  - Rural Real                       21,572,178     .8492      25,402,942       14
  6      L  - Commercial Personal               6,719,068     .8262       8,132,496        7
  7      L  - Commercial Personal               6,724,695     .9988       6,732,774        6
  8      L  - Commercial Personal               7,459,066    1.0000       7,459,066        5
  9      L  - Commercial Personal               5,835,572     .9541       6,116,311        7

Random Totals:                                152,720,796               172,860,407       74
 Cat J Exception Values:                       19,353,750                20,086,216
 Cat D1 Exception Values:                      19,774,343                19,166,956
 Other Exception Values:                       63,166,880                66,542,930
Exception Totals(3):                          102,294,973               105,796,102
Test Values(4):                               255,015,769               278,656,509

Margin of Error Percent:                                    8.6047453
Margin of Error Value:                                     23,977,683
Confidence Interval Values:
  State Lower Limit:                                      254,678,826  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       255,015,769  (Within Confidence Interval Limits)
  State Upper Limit:                                      302,634,192  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,160,976,339  (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.