Skip to content
Quick Start for:




Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:25                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        192-901-192 Reagan

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences          6,681,092     .8534       7,828,793        9
  2      A  - Single-family Residences          6,591,638     .9160       7,196,111        8
  3      A  - Single-family Residences          6,667,115     .8774       7,598,718        8
  4      A  - Single-family Residences          6,625,183     .9917       6,680,632        9
  5      G  - Oil, Gas, Minerals              305,204,400    1.0281     296,862,562       38

Random Totals:                                331,769,428               326,166,816       72
 Cat J Exception Values:                        8,264,819                 8,567,941
 Cat D1 Exception Values:                       7,194,621                17,763,566
 Other Exception Values:                                0                         0
Exception Totals(3):                           15,459,440                26,331,507
Test Values(4):                               347,228,868               352,498,323

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     17,624,916
Confidence Interval Values:
  State Lower Limit:                                      334,873,407  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       347,228,868  (Within Confidence Interval Limits)
  State Upper Limit:                                      370,123,239  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       443,642,880  (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.