taxes School and Appraisal Districts Property Value Study 2011 Report

School and Appraisal Districts Property Value Study 2011 Report

2011 Confidence Interval Detail
074/Fannin
074-907/Honey Grove CISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 14,218,269 0.9807 14,498,082 11 437 .007988226
A 14,138,394 0.8835 16,002,710 12 219 .033005365
A 14,101,158 0.9763 14,443,468 12 139 .007941455
A 14,267,936 0.9495 15,026,789 12 88 .013298332
D3 52,663,602 0.8324 63,267,182 15 2,866 .090542663
Random Totals: 109,389,359   123,238,231 62 3,749  
Catg J Exception Values: 1,511,881   1,360,171      
Catg D1 Exception Values: 11,465,508   11,602,626      
Total Test Values (4): 122,366,748   136,201,028      

Margin of Error

Margin of Error Percent: 7.3699209
Margin of Error Value: 10,037,908

Confidence Interval Values (5)

Local Test Value: 122,366,748 (Outside Confidence Interval)
State Lower Limit: 126,163,120 (State Test Value minus Margin of Error Percent)
State Upper Limit: 146,238,936 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 152,296,922 (See ISD Summary Worksheet)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories