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
                                                        220-916-220 Hurst-Euless-Bedford

------------------------------------------------------------------------------------------------------------------------------------
                                                              (1)                         (2)
  (1)                  (1)                        (1)       Stratum         (1)         Sample
Stratum              Category                 Local Value    Ratio      State Value      Size
------------------------------------------------------------------------------------------------------------------------------------
  1      A  - Single-family Residences        962,603,118     .9594   1,003,338,668      100
  2      A  - Single-family Residences        962,603,118     .9815     980,746,936      100
  3      A  - Single-family Residences        960,578,290     .9944     965,987,822      100
  4      A  - Single-family Residences        959,768,359    1.0184     942,427,690       99
  5      B  - Multi-family Residences         202,671,865     .9719     208,531,603       31
  6      B  - Multi-family Residences         198,868,598     .9580     207,587,263        7
  7      B  - Multi-family Residences         210,531,950     .9905     212,551,186        6
  8      B  - Multi-family Residences         190,585,928    1.0735     177,536,961        5
  9      F  - Commercial Real                 344,802,804    1.0004     344,664,938        7
 10      F  - Commercial Real                 345,382,061     .9170     376,643,469        8
 11      F  - Commercial Real                 349,871,304     .9118     383,714,964        6
 12      F  - Commercial Real                 335,824,319     .9876     340,040,825        5
 13      L  - Commercial Personal             227,371,163    1.0976     207,153,028        8
 14      L  - Commercial Personal             228,902,282    1.0556     216,845,663        9
 15      L  - Commercial Personal             242,299,573     .9766     248,105,236        7

Random Totals:                              6,722,664,732             6,815,876,252      498
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                          16,770                    13,528
 Other Exception Values:                      314,457,954               304,572,994
Exception Totals(3):                          314,474,724               304,586,522
Test Values(4):                             7,037,139,456             7,120,462,774

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                    356,023,139
Confidence Interval Values:
  State Lower Limit:                                    6,764,439,635  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                     7,037,139,456  (Within Confidence Interval Limits)
  State Upper Limit:                                    7,476,485,913  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                     7,269,104,458  (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.