Skip to content
Quick Start for:




Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:15                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        091-918-091 Tom Bean

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences         17,414,580    1.0439      16,682,230        6
  2      A  - Single-family Residences         17,458,556     .9671      18,052,483       13
  3      A  - Single-family Residences         17,341,286     .9072      19,115,174        6
  4      A  - Single-family Residences         17,429,238    1.0066      17,314,959       13
  5      D  - Rural Real                       28,173,819    1.1757      23,963,442       15

Random Totals:                                 97,817,479                95,128,288       53
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       3,992,228                 3,355,554
 Other Exception Values:                                0                         0
Exception Totals(3):                            3,992,228                 3,355,554
Test Values(4):                               101,809,707                98,483,842

Margin of Error Percent:                                    5.5779891
Margin of Error Value:                                      5,493,418
Confidence Interval Values:
  State Lower Limit:                                       92,990,424  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       101,809,707  (Within Confidence Interval Limits)
  State Upper Limit:                                      103,977,260  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                        97,076,425  (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.