School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:04                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        213-901-213 Glen Rose

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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         27,200,655     .7706      35,298,021       17
  2      A  - Single-family Residences         27,200,655     .8171      33,289,261       14
  3      A  - Single-family Residences         27,223,532     .8188      33,248,085       15
  4      A  - Single-family Residences         27,040,516     .9295      29,091,464       14
  5      D  - Rural Real                      107,599,225     .7743     138,963,225       19
  6      F  - Commercial Real                   8,287,855     .6224      13,315,962        7
  7      F  - Commercial Real                   8,325,762     .9401       8,856,251       11
  8      F  - Commercial Real                   8,201,703     .9612       8,532,775        7
  9      L  - Commercial Personal              42,563,104    1.0825      39,319,265       11

Random Totals:                                283,643,007               339,914,309      115
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       5,804,820                 5,466,388
 Other Exception Values:                        8,744,768                 9,227,076
Exception Totals(3):                           14,549,588                14,693,464
Test Values(4):                               298,192,595               354,607,773

Margin of Error Percent:                                    7.6730701
Margin of Error Value:                                     27,209,303
Confidence Interval Values:
  Local Test Value:                                       298,192,595  (Outside of ConfidenceInterval Limits)
  State Lower Limit:                                      327,398,470  (State Test Value Minus Margin of Error Value)
  State Upper Limit:                                      381,817,076  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,834,042,150  (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.