School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:11                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        177-902-177 Sweetwater

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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         35,014,903     .9862      35,504,870        8
  2      A  - Single-family Residences         35,000,172    1.0008      34,972,194        8
  3      A  - Single-family Residences         34,970,711    1.0008      34,942,757       11
  4      A  - Single-family Residences         34,955,980    1.0369      33,712,007        7
  5      D  - Rural Real                       31,469,715    1.0148      31,010,756       10
  6      F  - Commercial Real                  11,072,487     .9558      11,584,523        7
  7      F  - Commercial Real                  11,174,494     .9496      11,767,580        9
  8      F  - Commercial Real                  11,475,881     .9733      11,790,692        6
  9      F  - Commercial Real                  10,321,338     .9115      11,323,465        5
 10      L  - Commercial Personal               8,422,618     .9824       8,573,512        7
 11      L  - Commercial Personal               8,563,537     .9981       8,579,839        7
 12      L  - Commercial Personal               8,437,071    1.0440       8,081,486        9

Random Totals:                                240,878,907               241,843,681       94
 Cat J Exception Values:                       34,368,041                36,166,469
 Cat D1 Exception Values:                       7,812,921                 8,629,307
 Other Exception Values:                       13,560,794                13,428,080
Exception Totals(3):                           55,741,756                58,223,856
Test Values(4):                               296,620,663               300,067,537

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     15,003,377
Confidence Interval Values:
  State Lower Limit:                                      285,064,160  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       296,620,663  (Within Confidence Interval Limits)
  State Upper Limit:                                      315,070,914  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       378,223,801  (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.