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
                                                        250-907-250 Winnsboro

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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         24,996,803    1.0453      23,913,521       16
  2      A  - Single-family Residences         24,975,762    1.0229      24,416,621       24
  3      A  - Single-family Residences         24,996,803    1.0594      23,595,245       11
  4      A  - Single-family Residences         24,975,762    1.0828      23,065,905       16
  5      D  - Rural Real                      105,321,239    1.0244     102,812,611       34
  6      F  - Commercial Real                   7,178,799     .8552       8,394,293       15
  7      F  - Commercial Real                   7,232,843     .7977       9,067,122        9
  8      F  - Commercial Real                   7,076,717     .9272       7,632,352        6
  9      F  - Commercial Real                   7,037,685     .8200       8,582,543        5
 10      G  - Oil, Gas, Minerals                5,907,650    1.0480       5,637,071       12

Random Totals:                                239,700,063               237,117,284      148
 Cat J Exception Values:                                0                         0
 Cat D1 Exception Values:                      16,724,780                 9,895,891
 Other Exception Values:                        8,642,430                 9,582,828
Exception Totals(3):                           25,367,210                19,478,719
Test Values(4):                               265,067,273               256,596,003

Margin of Error Percent:                                    5.0000000
Margin of Error Value:                                     12,829,800
Confidence Interval Values:
  State Lower Limit:                                      243,766,203  (State Test Value Minus Margin of Error Value)
  Local Test Value:                                       265,067,273  (Within Confidence Interval Limits)
  State Upper Limit:                                      269,425,803  (State Test Value Plus Margin of Error Value)
Value Assigned (5):                                       278,430,200  (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.