Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 15:42 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 152-906-152 Lubbock-Cooper ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 81,961,729 .9219 88,905,227 64 2 A - Single-family Residences 81,996,239 .9406 87,174,398 64 3 A - Single-family Residences 81,961,729 .9686 84,618,758 64 4 A - Single-family Residences 81,927,219 .9642 84,969,113 53 5 D - Rural Real 32,698,111 .9613 34,014,471 12 6 F - Commercial Real 9,593,037 1.0135 9,465,256 7 7 F - Commercial Real 9,448,841 .9684 9,757,167 7 8 F - Commercial Real 10,257,940 .9105 11,266,271 6 9 F - Commercial Real 8,779,932 1.0472 8,384,198 3 10 L - Commercial Personal 5,187,335 1.0047 5,163,069 7 11 L - Commercial Personal 5,147,845 1.0324 4,986,289 6 12 L - Commercial Personal 5,218,363 1.0494 4,972,711 5 13 L - Commercial Personal 11,246,278 1.0026 11,217,114 4 Random Totals: 425,424,598 444,894,042 302 Cat J Exception Values: 0 0 Cat D1 Exception Values: 9,769,828 6,952,870 Other Exception Values: 0 0 Exception Totals(3): 9,769,828 6,952,870 Test Values(4): 435,194,426 451,846,912 Margin of Error Percent: 5.0000000 Margin of Error Value: 22,592,346 Confidence Interval Values: State Lower Limit: 429,254,566 (State Test Value Minus Margin of Error Value) Local Test Value: 435,194,426 (Within Confidence Interval Limits) State Upper Limit: 474,439,258 (State Test Value Plus Margin of Error Value) Value Assigned (5): 476,016,390 (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.
