School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     16:50                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        220-904-220 Everman

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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         91,664,361     .9696      94,538,326        9
  2      A  - Single-family Residences         90,325,358     .9592      94,167,387       32
  3      A  - Single-family Residences         90,516,644    1.0102      89,602,696       28
  4      A  - Single-family Residences         90,899,216    1.0293      88,311,684       52
  5      F  - Commercial Real                  17,414,633     .8376      20,791,109        7
  6      F  - Commercial Real                  17,707,070     .8746      20,245,907        6
  7      F  - Commercial Real                  17,407,322     .9176      18,970,490        6
  8      F  - Commercial Real                  16,983,288     .9190      18,480,183        2
  9      L  - Commercial Personal              12,895,890     .9565      13,482,373        8
 10      L  - Commercial Personal              12,395,495    1.0091      12,283,713        7
 11      L  - Commercial Personal              25,370,019     .9205      27,561,129        3

Random Totals:                                483,579,296               498,434,997      160
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         405,061                   397,910
 Other Exception Values:                       36,364,242                36,569,884
Exception Totals(3):                           36,769,303                36,967,794
Test Values(4):                               520,348,599               535,402,791

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     26,770,140
Confidence Interval Values:
  State Lower Limit:                                      508,632,651  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       520,348,599  (Within Confidence Interval Limits)
  State Upper Limit:                                      562,172,931  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       634,040,222  (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.