School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:37                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        208-902-208 Snyder

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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         41,637,778    1.0179      40,905,568        8
  2      A  - Single-family Residences         41,655,309     .9854      42,272,487        7
  3      A  - Single-family Residences         41,672,841    1.0562      39,455,445        9
  4      A  - Single-family Residences         41,567,651    1.0961      37,923,229        7
  5      D  - Rural Real                       34,946,640    1.0072      34,696,823       10
  6      F  - Commercial Real                  10,301,544     .8594      11,986,902        7
  7      F  - Commercial Real                  10,366,171     .9586      10,813,865        8
  8      F  - Commercial Real                  10,180,907     .9453      10,770,028       10
  9      F  - Commercial Real                  10,068,887     .9675      10,407,118        4
 10      G  - Oil, Gas, Minerals              323,983,040    1.0569     306,540,865       12
 11      L  - Commercial Personal               6,997,830     .9871       7,089,282        7
 12      L  - Commercial Personal               7,097,590     .9452       7,509,088        6
 13      L  - Commercial Personal               7,625,728     .9928       7,681,031        7

Random Totals:                                588,101,916               568,051,731      102
 Cat J Exception Values:                       34,980,002                36,386,697
 Cat D1 Exception Values:                      28,320,652                21,305,985
 Other Exception Values:                        6,438,532                 6,340,778
Exception Totals(3):                           69,739,186                64,033,460
Test Values(4):                               657,841,102               632,085,191

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     31,604,260
Confidence Interval Values:
  State Lower Limit:                                      600,480,931  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       657,841,102  (Within Confidence Interval Limits)
  State Upper Limit:                                      663,689,451  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       800,852,630  (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.