School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:42                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        243-901-243 Burkburnett

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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         82,707,638    1.0036      82,410,959       31
  2      A  - Single-family Residences         82,707,638     .9745      84,871,871       67
  3      A  - Single-family Residences         82,672,814     .9787      84,472,069       69
  4      A  - Single-family Residences         82,742,462     .9787      84,543,233       70
  5      D  - Rural Real                       12,737,282    1.0413      12,232,096       23
  6      F  - Commercial Real                   5,981,971    1.0228       5,848,622        8
  7      F  - Commercial Real                   6,161,254     .9442       6,525,370        8
  8      F  - Commercial Real                   5,868,341     .9888       5,934,811        6
  9      F  - Commercial Real                   5,971,871     .9947       6,003,691        4
 10      L  - Commercial Personal               8,350,387     .9890       8,443,263        7
 11      L  - Commercial Personal               8,250,937     .9386       8,790,685        8
 12      L  - Commercial Personal               8,381,251    1.0158       8,250,887        4

Random Totals:                                392,533,846               398,327,557      305
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      13,249,237                11,938,050
 Other Exception Values:                        7,312,045                 7,521,814
Exception Totals(3):                           20,561,282                19,459,864
Test Values(4):                               413,095,128               417,787,421

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     20,889,371
Confidence Interval Values:
  State Lower Limit:                                      396,898,050  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       413,095,128  (Within Confidence Interval Limits)
  State Upper Limit:                                      438,676,792  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       525,099,505  (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.