Date: 1/22/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION Page: 1 Time: 17:19 2003 Property Value Study Rpt: VAL7000 Confidence Interval Detail 248-901-248 Kermit ------------------------------------------------------------------------------------------------------------------------------------ (1) (2) (1) (1) (1) Stratum (1) Sample Stratum Category Local Value Ratio State Value Size ------------------------------------------------------------------------------------------------------------------------------------ 1 A - Single-family Residences 12,847,034 1.0819 11,874,512 10 2 A - Single-family Residences 12,836,220 .9588 13,387,797 10 3 A - Single-family Residences 12,841,627 .9438 13,606,301 10 4 A - Single-family Residences 12,836,220 .9673 13,270,154 8 5 G - Oil, Gas, Minerals 252,133,810 1.0162 248,114,357 18 Random Totals: 303,494,911 300,253,121 56 Cat J Exception Values: 14,293,013 14,844,796 Cat D1 Exception Values: 593,530 1,081,985 Other Exception Values: 0 0 Exception Totals(3): 14,886,543 15,926,781 Test Values(4): 318,381,454 316,179,902 Margin of Error Percent: 5.0000000 Margin of Error Value: 15,808,995 Confidence Interval Values: State Lower Limit: 300,370,907 (State Test Value Minus Margin of Error Value) Local Test Value: 318,381,454 (Within Confidence Interval Limits) State Upper Limit: 331,988,897 (State Test Value Plus Margin of Error Value) Value Assigned (5): 389,710,891 (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.
