School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     14:45                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        109-904-109 Hillsboro

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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         34,028,039     .9056      37,575,131       15
  2      A  - Single-family Residences         34,028,039     .8644      39,366,079       20
  3      A  - Single-family Residences         34,013,723     .9532      35,683,721       16
  4      A  - Single-family Residences         33,927,830    1.0218      33,203,983       15
  5      D  - Rural Real                       35,157,200     .8463      41,542,243       10
  6      F  - Commercial Real                  22,239,585    1.1097      20,041,079        8
  7      F  - Commercial Real                  22,562,969    1.0552      21,382,647        8
  8      F  - Commercial Real                  22,415,136    1.0130      22,127,479        5
  9      L  - Commercial Personal              13,588,055    1.0811      12,568,731       12
 10      L  - Commercial Personal              13,559,640    1.0663      12,716,534        8
 11      L  - Commercial Personal              14,588,264    1.0046      14,521,465        7
 12      L  - Commercial Personal              12,258,233     .9840      12,457,554        3

Random Totals:                                292,366,713               303,186,646      127
 Cat J Exception Values:                       20,482,561                20,761,484
 Cat D1 Exception Values:                       8,246,440                 5,506,084
 Other Exception Values:                       19,443,460                19,518,882
Exception Totals(3):                           48,172,461                45,786,450
Test Values(4):                               340,539,174               348,973,096

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     17,448,655
Confidence Interval Values:
  State Lower Limit:                                      331,524,441  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       340,539,174  (Within Confidence Interval Limits)
  State Upper Limit:                                      366,421,751  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       346,897,856  (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.