School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     20:58                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        208-902-208 Snyder

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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         41,638,501    1.0179      40,906,279        8
  2      A  - Single-family Residences         41,656,033     .9854      42,273,222        7
  3      A  - Single-family Residences         41,673,565    1.0562      39,456,130        9
  4      A  - Single-family Residences         41,568,373    1.0961      37,923,887        7
  5      D  - Rural Real                       34,993,212    1.0072      34,743,062       10
  6      F  - Commercial Real                  10,369,197     .8594      12,065,624        7
  7      F  - Commercial Real                  10,434,248     .9586      10,884,882        8
  8      F  - Commercial Real                  10,247,767     .9453      10,840,756       10
  9      F  - Commercial Real                  10,135,011     .9675      10,475,464        4
 10      G  - Oil, Gas, Minerals              322,573,993    1.0569     305,207,676       12
 11      L  - Commercial Personal               6,993,338     .9871       7,084,731        7
 12      L  - Commercial Personal               7,093,034     .9452       7,504,268        6
 13      L  - Commercial Personal               7,620,833     .9928       7,676,101        7

Random Totals:                                586,997,105               567,042,082      102
 Cat J Exception Values:                       34,980,002                36,314,591
 Cat D1 Exception Values:                      28,287,676                31,152,527
 Other Exception Values:                        6,438,532                 6,340,778
Exception Totals(3):                           69,706,210                73,807,896
Test Values(4):                               656,703,315               640,849,978

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     32,042,499
Confidence Interval Values:
  State Lower Limit:                                      608,807,479  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       656,703,315  (Within Confidence Interval Limits)
  State Upper Limit:                                      672,892,477  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       799,667,960  (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.