taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 Confidence Interval Detail
107/Henderson
001-904/Frankston ISD

Category Summary

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

Stratum
Variance
A 16,729,000 0.9693 17,258,847 10 250 .017228172
A 16,438,530 0.9098 18,068,290 9 123 .010720899
A 16,065,760 1.0150 15,828,335 9 83 .029435470
A 15,615,870 1.0057 15,527,364 9 45 .018484328
C 2,705,020 0.8477 3,191,011 11 323 .290760336
C 456,910 0.9614 475,255 7 19 .009928022
C 1,666,590 1.0230 1,629,120 8 35 .029816990
C 1,746,110 0.8916 1,958,401 6 17 .029209197
D3 16,289,010 0.9340 17,440,054 14 320 .049235182
Random Totals: 87,712,800   91,376,677 83 1,215  
Catg D1 Exception Values: 893,250   934,368      
Catg G1 Exception Values: 18,881,501   18,182,957      
Total Test Values (4): 107,487,551   110,494,002      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,524,700

Confidence Interval Values (5)

State Lower Limit: 104,969,302 (State Test Value minus Margin of Error Percent)
Local Test Value: 107,487,551 (Within Confidence Interval)
State Upper Limit: 116,018,702 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 100,689,068 (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