School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:03                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        169-901-169 Bowie

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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         37,042,920    1.0302      35,957,018       38
  2      A  - Single-family Residences         37,042,920    1.0177      36,398,664       14
  3      A  - Single-family Residences         37,058,517    1.0084      36,749,819       21
  4      A  - Single-family Residences         37,027,323    1.0277      36,029,311        5
  5      D  - Rural Real                      102,582,780     .9796     104,719,049       16
  6      F  - Commercial Real                   7,403,547     .8455       8,756,413        7
  7      F  - Commercial Real                   7,419,049    1.0022       7,402,763        7
  8      F  - Commercial Real                   7,415,949    1.0092       7,348,344        8
  9      F  - Commercial Real                   7,233,030    1.0251       7,055,926        6
 10      G  - Oil, Gas, Minerals               22,133,930    1.1625      19,039,940       12

Random Totals:                                302,359,965               299,457,247      134
 Cat J Exception Values:                       21,063,787                21,887,798
 Cat D1 Exception Values:                       9,869,110                 8,708,836
 Other Exception Values:                                0                         0
Exception Totals(3):                           30,932,897                30,596,634
Test Values(4):                               333,292,862               330,053,881

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     16,502,694
Confidence Interval Values:
  State Lower Limit:                                      313,551,187  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       333,292,862  (Within Confidence Interval Limits)
  State Upper Limit:                                      346,556,575  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       323,146,402  (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.