School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     12:45                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        011-901-011 Bastrop

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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        225,398,815     .9898     227,721,575       59
  2      A  - Single-family Residences        225,398,815     .9990     225,624,439       63
  3      A  - Single-family Residences        225,493,720    1.0132     222,555,981       65
  4      A  - Single-family Residences        225,303,911    1.0124     222,544,361       62
  5      C  - Vacant Lots                      23,452,335     .9158      25,608,577       51
  6      C  - Vacant Lots                      23,402,836     .8778      26,660,784       39
  7      C  - Vacant Lots                      23,442,435     .8964      26,151,757       31
  8      C  - Vacant Lots                      23,402,836     .9834      23,797,881       45
  9      D  - Rural Real                      263,512,666    1.0506     250,821,117       82
 10      F  - Commercial Real                  17,430,484    1.1926      14,615,532       11
 11      F  - Commercial Real                  17,430,484     .9654      18,055,194        9
 12      F  - Commercial Real                  18,382,705     .9822      18,715,847        5

Random Totals:                              1,312,052,042             1,302,873,045      522
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      12,177,444                15,056,017
 Other Exception Values:                       20,598,238                21,336,398
Exception Totals(3):                           32,775,682                36,392,415
Test Values(4):                             1,344,827,724             1,339,265,460

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     66,963,273
Confidence Interval Values:
  State Lower Limit:                                    1,272,302,187  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     1,344,827,724  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,406,228,733  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,864,572,938  (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.