School and Appraisal Districts' Property Value Study 2003 Final Report



Date:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     21:44                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        245-903-245 Raymondville

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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         18,450,605     .9443      19,538,923        8
  2      A  - Single-family Residences         18,419,569     .9944      18,523,299        8
  3      A  - Single-family Residences         18,427,328     .9350      19,708,372        8
  4      A  - Single-family Residences         18,404,051     .9384      19,612,160        8
  5      D  - Rural Real                       11,321,707     .9807      11,544,516       12
  6      F  - Commercial Real                   5,332,707     .8797       6,061,961       10
  7      F  - Commercial Real                   5,314,894     .9080       5,853,407        7
  8      F  - Commercial Real                   5,742,402     .8823       6,508,446        6
  9      F  - Commercial Real                   4,747,111     .9711       4,888,385        3
 10      G  - Oil, Gas, Minerals               40,301,920    1.0590      38,056,582       12

Random Totals:                                146,462,294               150,296,051       82
 Cat J Exception Values:                        8,979,190                 9,379,898
 Cat D1 Exception Values:                      15,049,659                16,041,448
 Other Exception Values:                       36,816,570                35,633,635
Exception Totals(3):                           60,845,419                61,054,981
Test Values(4):                               207,307,713               211,351,032

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     10,567,552
Confidence Interval Values:
  State Lower Limit:                                      200,783,480  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       207,307,713  (Within Confidence Interval Limits)
  State Upper Limit:                                      221,918,584  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       209,099,480  (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.