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
                                                        057-906-057 DeSoto

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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        360,990,647     .9623     375,133,167       50
  2      A  - Single-family Residences        360,231,625     .9855     365,531,837       50
  3      A  - Single-family Residences        360,383,430    1.0494     343,418,553       50
  4      A  - Single-family Residences        360,535,234    1.0085     357,496,514       23
  5      B  - Multi-family Residences          27,428,746     .8813      31,123,052       13
  6      B  - Multi-family Residences          26,903,684     .8863      30,355,054       14
  7      B  - Multi-family Residences          31,378,120     .9528      32,932,536        6
  8      F  - Commercial Real                  35,950,485    1.1484      31,304,846        8
  9      F  - Commercial Real                  35,724,855    1.0163      35,151,879        6
 10      F  - Commercial Real                  37,469,732     .9243      40,538,496        6
 11      F  - Commercial Real                  33,784,431    1.0181      33,183,804        4

Random Totals:                              1,670,780,989             1,676,169,738      230
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         296,271                   271,199
 Other Exception Values:                       19,609,800                18,395,000
Exception Totals(3):                           19,906,071                18,666,199
Test Values(4):                             1,690,687,060             1,694,835,937

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     84,741,797
Confidence Interval Values:
  State Lower Limit:                                    1,610,094,140  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     1,690,687,060  (Within Confidence Interval Limits)
  State Upper Limit:                                    1,779,577,734  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     1,734,433,205  (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.