Skip to content
Quick Start for: 




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
                                                        220-906-220 Grapevine-Colleyville

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences        969,730,643     .9833     986,200,186       50
  2      A  - Single-family Residences        967,281,828     .9989     968,347,010       51
  3      A  - Single-family Residences        968,098,100     .9864     981,445,762       51
  4      A  - Single-family Residences        967,281,828    1.0022     965,158,479       50
  5      B  - Multi-family Residences         116,067,407     .9836     118,002,650       34
  6      B  - Multi-family Residences         121,622,027    1.0160     119,706,719        5
  7      B  - Multi-family Residences         106,455,499     .9795     108,683,511        4
  8      F  - Commercial Real                 373,640,662    1.0371     360,274,479        7
  9      F  - Commercial Real                 372,540,795     .8941     416,665,692        6
 10      F  - Commercial Real                 393,595,399    1.0954     359,316,596        7
 11      F  - Commercial Real                 353,214,554     .8307     425,201,100        4
 12      L  - Commercial Personal             579,455,271     .9847     588,458,689        8
 13      L  - Commercial Personal             599,345,589     .9973     600,968,203        7
 14      L  - Commercial Personal             711,498,222    1.0004     711,213,737        4

Random Totals:                              7,599,827,824             7,709,642,813      288
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                         136,252                   127,302
 Other Exception Values:                      672,571,809               680,901,190
Exception Totals(3):                          672,708,061               681,028,492
Test Values(4):                             8,272,535,885             8,390,671,305

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                    419,533,565
Confidence Interval Values:
  State Lower Limit:                                    7,971,137,740  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     8,272,535,885  (Within Confidence Interval Limits)
  State Upper Limit:                                    8,810,204,870  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     7,741,622,845  (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.