School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:14                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        036-903-036 East Chambers

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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         21,829,326     .8885      24,568,741        8
  2      A  - Single-family Residences         21,792,622     .9799      22,239,639        7
  3      A  - Single-family Residences         21,792,622     .9718      22,425,007        8
  4      A  - Single-family Residences         21,774,271     .9877      22,045,430        7
  5      D  - Rural Real                       25,014,020     .9734      25,697,576       14
  6      F  - Commercial Real                   7,249,284     .9509       7,623,603        7
  7      F  - Commercial Real                   6,977,473    1.0187       6,849,389        6
  8      F  - Commercial Real                   7,309,023    1.0164       7,191,089        4
  9      G  - Oil, Gas, Minerals                6,989,360    1.0011       6,981,680       13
 10      L  - Commercial Personal               2,137,018    1.0204       2,094,294        7
 11      L  - Commercial Personal               2,127,994     .9589       2,219,203        7
 12      L  - Commercial Personal               2,220,044    1.0300       2,155,383        5
 13      L  - Commercial Personal               1,923,136     .9441       2,037,005        3

Random Totals:                                149,136,193               154,128,039       96
 Cat J Exception Values:                        6,782,966                 7,030,781
 Cat D1 Exception Values:                       9,050,650                 7,371,409
 Other Exception Values:                       50,364,060                54,881,441
Exception Totals(3):                           66,197,676                69,283,631
Test Values(4):                               215,333,869               223,411,670

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     11,170,584
Confidence Interval Values:
  State Lower Limit:                                      212,241,086  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       215,333,869  (Within Confidence Interval Limits)
  State Upper Limit:                                      234,582,254  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       218,571,273  (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.