Skip to content
Quick Start for:




Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     13:50                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        067-903-067 Eastland

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences         15,060,815    1.0400      14,481,553       19
  2      A  - Single-family Residences         15,111,568    1.0677      14,153,384       19
  3      A  - Single-family Residences         15,092,535     .9415      16,030,308       22
  4      A  - Single-family Residences         15,010,063    1.0194      14,724,409       15
  5      D  - Rural Real                       36,359,600    1.0471      34,724,095       51
  6      F  - Commercial Real                   6,994,459     .9630       7,263,197        9
  7      F  - Commercial Real                   7,003,202     .9879       7,088,979        8
  8      F  - Commercial Real                   7,073,147    1.0381       6,813,551        9
  9      F  - Commercial Real                   6,635,993     .8922       7,437,786        5
 10      G  - Oil, Gas, Minerals                9,188,780     .9213       9,973,711       12
 11      L  - Commercial Personal               4,346,004     .7685       5,655,178       10
 12      L  - Commercial Personal               4,457,903    1.0111       4,408,964       10
 13      L  - Commercial Personal               4,461,513     .9997       4,462,852        4

Random Totals:                                146,795,582               147,217,967      193
 Cat J Exception Values:                       15,934,281                16,647,388
 Cat D1 Exception Values:                      11,059,770                 9,891,980
 Other Exception Values:                        3,289,850                 3,199,977
Exception Totals(3):                           30,283,901                29,739,345
Test Values(4):                               177,079,483               176,957,312

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      8,847,866
Confidence Interval Values:
  State Lower Limit:                                      168,109,446  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       177,079,483  (Within Confidence Interval Limits)
  State Upper Limit:                                      185,805,178  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       216,227,508  (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.