School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:48                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        198-905-198 Hearne

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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         14,469,162     .8890      16,275,773        8
  2      A  - Single-family Residences         14,475,257     .9744      14,855,559        7
  3      A  - Single-family Residences         14,499,636     .9656      15,016,193        7
  4      A  - Single-family Residences         14,456,972     .9701      14,902,558        7
  5      D  - Rural Real                       23,478,240    1.0092      23,264,209       10
  6      F  - Commercial Real                   3,339,986    1.1525       2,898,036        7
  7      F  - Commercial Real                   3,411,920    1.1645       2,929,944        6
  8      F  - Commercial Real                   3,538,862     .9600       3,686,315        5
  9      G  - Oil, Gas, Minerals               38,260,839     .9859      38,808,032       22

Random Totals:                                129,930,874               132,636,619       79
 Cat J Exception Values:                       21,106,307                21,273,466
 Cat D1 Exception Values:                       5,995,900                 6,427,587
 Other Exception Values:                       49,021,709                49,424,160
Exception Totals(3):                           76,123,916                77,125,213
Test Values(4):                               206,054,790               209,761,832

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     10,488,092
Confidence Interval Values:
  State Lower Limit:                                      199,273,740  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       206,054,790  (Within Confidence Interval Limits)
  State Upper Limit:                                      220,249,924  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       247,775,946  (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.