Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 14:22 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 097-903-097 Hico ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 6,936,022 1.0274 6,751,043 16 2 A - Single-family Residences 6,979,884 1.1173 6,247,099 15 3 A - Single-family Residences 6,933,098 1.0569 6,559,843 18 4 A - Single-family Residences 6,944,794 .9070 7,656,884 16 5 D - Rural Real 43,279,380 1.0014 43,218,874 13 6 F - Commercial Real 2,207,480 1.0959 2,014,308 12 7 F - Commercial Real 2,232,799 .9010 2,478,134 9 8 F - Commercial Real 2,325,637 1.0356 2,245,690 9 9 F - Commercial Real 2,150,277 .9587 2,242,909 4 Random Totals: 79,989,371 79,414,784 112 Cat J Exception Values: 0 0 Cat D1 Exception Values: 10,022,182 10,943,775 Other Exception Values: 0 0 Exception Totals(3): 10,022,182 10,943,775 Test Values(4): 90,011,553 90,358,559 Margin of Error Percent: 5.0000000 Margin of Error Value: 4,517,928 Confidence Interval Values: State Lower Limit: 85,840,631 (State Test Value Minus Margin of Error Value) Local Test Value: 90,011,553 (Within Confidence Interval Limits) State Upper Limit: 94,876,487 (State Test Value Plus Margin of Error Value) Value Assigned (5): 86,658,729 (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.
