School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     15:55                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        161-906-161 La Vega

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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         35,192,672    1.0070      34,948,036       20
  2      A  - Single-family Residences         35,251,969     .9420      37,422,472       34
  3      A  - Single-family Residences         35,163,023     .9763      36,016,617       15
  4      A  - Single-family Residences         35,222,320    1.0123      34,794,350       20
  5      F  - Commercial Real                  18,949,429    1.0170      18,632,674       15
  6      F  - Commercial Real                  19,985,352    1.0230      19,536,023       11
  7      F  - Commercial Real                  20,256,286     .9932      20,394,972        7
  8      L  - Commercial Personal              25,682,811     .9847      26,081,864       15
  9      L  - Commercial Personal              25,387,174    1.0031      25,308,717        4

Random Totals:                                251,091,036               253,135,725      141
 Cat J Exception Values:                       16,563,127                16,992,407
 Cat D1 Exception Values:                       1,265,445                 1,226,050
 Other Exception Values:                       18,268,875                17,910,848
Exception Totals(3):                           36,097,447                36,129,305
Test Values(4):                               287,188,483               289,265,030

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     14,463,252
Confidence Interval Values:
  State Lower Limit:                                      274,801,778  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       287,188,483  (Within Confidence Interval Limits)
  State Upper Limit:                                      303,728,282  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       359,123,965  (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.