School and Appraisal Districts' Property Value Study 2003 Preliminary Report



Date:   1/22/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         Page:      1
Time:     17:22                                      2003 Property Value Study                                          Rpt: VAL7000
                                                     Confidence Interval Detail
                                                        250-903-250 Mineola

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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         38,143,970    1.0959      34,806,068       20
  2      A  - Single-family Residences         38,240,415     .9994      38,263,373       21
  3      A  - Single-family Residences         38,143,970    1.0290      37,068,970       19
  4      A  - Single-family Residences         38,160,044     .9857      38,713,649       20
  5      D  - Rural Real                       59,134,586     .9569      61,798,083       20
  6      F  - Commercial Real                   9,425,363    1.0438       9,029,855       20
  7      F  - Commercial Real                   9,484,766     .9339      10,156,083        9
  8      F  - Commercial Real                   9,544,170     .9700       9,839,351        8
  9      G  - Oil, Gas, Minerals                6,946,867    1.0227       6,792,673        7
 10      L  - Commercial Personal               3,434,740    1.0060       3,414,254        7
 11      L  - Commercial Personal               3,498,271     .9193       3,805,364       11
 12      L  - Commercial Personal               3,477,777     .9446       3,681,746        6
 13      L  - Commercial Personal               3,246,198     .8472       3,831,678        5

Random Totals:                                260,881,137               261,201,147      173
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                       6,926,200                 4,256,048
 Other Exception Values:                       31,723,508                31,698,842
Exception Totals(3):                           38,649,708                35,954,890
Test Values(4):                               299,530,845               297,156,037

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     14,857,802
Confidence Interval Values:
  State Lower Limit:                                      282,298,235  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       299,530,845  (Within Confidence Interval Limits)
  State Upper Limit:                                      312,013,839  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       288,061,819  (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.