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 243-905-243 Wichita Falls ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 432,301,463 1.0070 429,296,388 50 2 A - Single-family Residences 432,301,463 .9722 444,663,097 50 3 A - Single-family Residences 432,301,463 .9879 437,596,379 49 4 A - Single-family Residences 432,301,463 .9841 439,286,112 49 5 F - Commercial Real 157,691,965 .9929 158,819,584 24 6 F - Commercial Real 158,422,328 .9899 160,038,719 9 7 F - Commercial Real 159,617,467 .9556 167,033,766 11 8 F - Commercial Real 154,903,307 .9991 155,042,846 7 9 L - Commercial Personal 113,265,870 .9742 116,265,520 9 10 L - Commercial Personal 113,885,591 1.0159 112,103,151 8 11 L - Commercial Personal 113,742,579 1.0084 112,795,100 9 12 L - Commercial Personal 111,978,758 .9821 114,019,711 6 Random Totals: 2,812,713,717 2,846,960,373 281 Cat J Exception Values: 0 0 Cat D1 Exception Values: 1,837,439 1,546,303 Other Exception Values: 0 0 Exception Totals(3): 1,837,439 1,546,303 Test Values(4): 2,814,551,156 2,848,506,676 Margin of Error Percent: 5.0000000 Margin of Error Value: 142,425,334 Confidence Interval Values: State Lower Limit: 2,706,081,342 (State Test Value Minus Margin of Error Value) Local Test Value: 2,814,551,156 (Within Confidence Interval Limits) State Upper Limit: 2,990,932,010 (State Test Value Plus Margin of Error Value) Value Assigned (5): 3,063,478,322 (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.
