School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:31                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        101-909-101 North Forest

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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        168,282,572     .9612     175,075,501        5
  2      A  - Single-family Residences        169,556,904    1.0019     169,235,357        9
  3      A  - Single-family Residences        166,937,444     .9056     184,339,050       18
  4      A  - Single-family Residences        167,786,999    1.0169     164,998,524       27
  5      F  - Commercial Real                  30,480,454     .9537      31,960,212        7
  6      F  - Commercial Real                  32,124,945    1.0211      31,461,115        7
  7      F  - Commercial Real                  33,935,160     .9714      34,934,280        5
  8      F  - Commercial Real                  24,552,636     .8950      27,433,113        3
  9      L  - Commercial Personal              26,353,857     .8573      30,740,531        7
 10      L  - Commercial Personal              26,078,764     .9114      28,613,961        8
 11      L  - Commercial Personal              25,979,731     .9182      28,294,196        7
 12      L  - Commercial Personal              26,122,779     .9454      27,631,457        5

Random Totals:                                898,192,245               934,717,297      108
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       4,468,002                 4,460,359
 Other Exception Values:                                0                         0
Exception Totals(3):                            4,468,002                 4,460,359
Test Values(4):                               902,660,247               939,177,656

Margin of Error Percent:                                    6.1695667
Margin of Error Value:                                     57,943,192
Confidence Interval Values:
  State Lower Limit:                                      881,234,464  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       902,660,247  (Within Confidence Interval Limits)
  State Upper Limit:                                      997,120,848  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       961,904,827  (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.