School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:39                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        057-904-057 Cedar Hill

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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        355,306,726    1.0061     353,152,496       46
  2      A  - Single-family Residences        355,007,647    1.0033     353,839,975       50
  3      A  - Single-family Residences        354,858,107    1.0042     353,373,936       49
  4      A  - Single-family Residences        354,708,567     .9438     375,830,226       50
  5      C  - Vacant Lots                      33,234,166    1.0210      32,550,603       14
  6      C  - Vacant Lots                      32,899,454     .9479      34,707,727        7
  7      C  - Vacant Lots                      33,178,381    1.2066      27,497,415       10
  8      C  - Vacant Lots                      32,941,293    1.0391      31,701,754        9
  9      F  - Commercial Real                  49,818,439    1.0136      49,149,999        7
 10      F  - Commercial Real                  49,382,528     .9651      51,168,302        6
 11      F  - Commercial Real                  50,877,081     .9133      55,706,866        5

Random Totals:                              1,702,212,389             1,718,679,299      253
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         411,884                   365,021
 Other Exception Values:                       43,883,740                44,697,080
Exception Totals(3):                           44,295,624                45,062,101
Test Values(4):                             1,746,508,013             1,763,741,400

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     88,187,070
Confidence Interval Values:
  State Lower Limit:                                    1,675,554,330  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     1,746,508,013  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,851,928,470  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,929,987,964  (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.