School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:06                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        172-902-172 Daingerfield-Lone Star

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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         23,848,651    1.0759      22,166,234       30
  2      A  - Single-family Residences         23,838,614    1.0114      23,569,917       13
  3      A  - Single-family Residences         23,888,800    1.0723      22,278,094       10
  4      A  - Single-family Residences         23,788,427     .8947      26,588,160        8
  5      D  - Rural Real                       51,684,290     .9940      51,996,268       12
  6      F  - Commercial Real                   4,975,249     .9174       5,423,206        7
  7      F  - Commercial Real                   5,080,300     .9554       5,317,459        7
  8      F  - Commercial Real                   5,363,940    1.0046       5,339,379        5
  9      L  - Commercial Personal               3,336,277    1.0834       3,079,451        7
 10      L  - Commercial Personal               3,362,800    1.0367       3,243,754        6
 11      L  - Commercial Personal               3,630,819     .9917       3,661,207        5
 12      L  - Commercial Personal               2,935,645    1.0090       2,909,460        2

Random Totals:                                175,733,812               175,572,589      112
 Cat J Exception Values:                        8,949,823                 8,759,629
 Cat D1 Exception Values:                       8,929,070                 7,268,409
 Other Exception Values:                        4,623,820                 4,078,449
Exception Totals(3):                           22,502,713                20,106,487
Test Values(4):                               198,236,525               195,679,076

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                      9,783,954
Confidence Interval Values:
  State Lower Limit:                                      185,895,122  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       198,236,525  (Within Confidence Interval Limits)
  State Upper Limit:                                      205,463,030  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       327,836,622  (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.