School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:13                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        243-901-243 Burkburnett

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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         82,702,971    1.0036      82,406,308       31
  2      A  - Single-family Residences         82,702,971     .9745      84,867,082       67
  3      A  - Single-family Residences         82,668,149     .9787      84,467,303       69
  4      A  - Single-family Residences         82,737,794     .9787      84,538,463       70
  5      D  - Rural Real                       12,754,047    1.0413      12,248,196       23
  6      F  - Commercial Real                   5,978,455    1.0228       5,845,185        8
  7      F  - Commercial Real                   6,157,632     .9442       6,521,534        8
  8      F  - Commercial Real                   5,864,892     .9888       5,931,323        6
  9      F  - Commercial Real                   5,968,360     .9947       6,000,161        4
 10      L  - Commercial Personal               8,362,686     .9890       8,455,699        7
 11      L  - Commercial Personal               8,263,090     .9386       8,803,633        8
 12      L  - Commercial Personal               8,393,596    1.0158       8,263,040        4

Random Totals:                                392,554,643               398,347,927      305
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      13,249,237                11,938,050
 Other Exception Values:                        7,312,045                 7,521,814
Exception Totals(3):                           20,561,282                19,459,864
Test Values(4):                               413,115,925               417,807,791

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     20,890,390
Confidence Interval Values:
  State Lower Limit:                                      396,917,401  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       413,115,925  (Within Confidence Interval Limits)
  State Upper Limit:                                      438,698,181  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       526,650,546  (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.