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
                                                        101-915-101 Klein

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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      1,594,413,158     .9443   1,688,460,402       50
  2      A  - Single-family Residences      1,594,413,158     .9973   1,598,729,728       50
  3      A  - Single-family Residences      1,595,084,490    1.0044   1,588,096,864       50
  4      A  - Single-family Residences      1,593,741,826     .9972   1,598,216,833       50
  5      F  - Commercial Real                 147,916,844     .9255     159,823,710        7
  6      F  - Commercial Real                 147,792,335     .9628     153,502,633        7
  7      F  - Commercial Real                 152,212,409    1.0102     150,675,519        7
  8      F  - Commercial Real                 143,683,534     .9808     146,496,262        5
  9      L  - Commercial Personal              77,092,038     .9340      82,539,655        8
 10      L  - Commercial Personal              77,124,484     .9098      84,770,811        8
 11      L  - Commercial Personal              77,643,623     .9212      84,285,305       10
 12      L  - Commercial Personal              76,378,223     .9335      81,819,200        5

Random Totals:                              7,277,496,122             7,417,416,922      257
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      12,577,610                12,528,407
 Other Exception Values:                                0                         0
Exception Totals(3):                           12,577,610                12,528,407
Test Values(4):                             7,290,073,732             7,429,945,329

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                    371,497,266
Confidence Interval Values:
  State Lower Limit:                                    7,058,448,063  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     7,290,073,732  (Within Confidence Interval Limits)
  State Upper Limit:                                    7,801,442,595  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     7,733,069,939  (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.