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
                                                        161-909-161 McGregor

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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         19,342,606    1.0326      18,731,945       15
  2      A  - Single-family Residences         19,350,743     .9849      19,647,419       17
  3      A  - Single-family Residences         19,269,369     .9545      20,187,919       16
  4      A  - Single-family Residences         19,342,606     .9434      20,503,080       15
  5      D  - Rural Real                       16,669,413     .9381      17,769,335       20
  6      F  - Commercial Real                   3,717,377    1.0496       3,541,708        7
  7      F  - Commercial Real                   3,695,510    1.0070       3,669,821        6
  8      F  - Commercial Real                   3,939,170    1.0275       3,833,742        5
  9      L  - Commercial Personal               3,714,997    1.0046       3,697,986       12
 10      L  - Commercial Personal              10,846,136     .9828      11,035,954        2

Random Totals:                                119,887,927               122,618,909      115
 Cat J Exception Values:                       10,655,974                10,988,116
 Cat D1 Exception Values:                       4,892,823                 5,823,982
 Other Exception Values:                        3,535,422                 3,578,123
Exception Totals(3):                           19,084,219                20,390,221
Test Values(4):                               138,972,146               143,009,130

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      7,150,457
Confidence Interval Values:
  State Lower Limit:                                      135,858,673  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       138,972,146  (Within Confidence Interval Limits)
  State Upper Limit:                                      150,159,587  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       181,764,314  (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.