taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 Confidence Interval Detail
176/Newton
176-901/Burkeville ISD

Category Summary

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

Stratum
Variance
A 20,533,919 1.0475 19,602,787 10 447 .019896085
A 22,723,288 0.9605 23,657,770 10 245 .009204037
A 24,376,893 0.9825 24,811,087 9 173 .005024060
A 24,178,378 0.9711 24,897,928 9 105 .007506676
D3 25,022,795 1.0052 24,893,350 15 2,780 .046136812
G1 4,066,550 0.8406 4,837,675 5 12 .067140539
G1 4,324,560 0.9752 4,434,537 4 7 .050163846
G1 4,512,361 1.0344 4,362,298 4 5 .011415080
Random Totals: 129,738,744   131,497,432 66 3,774  
Catg D1 Exception Values: 26,046,632   28,038,220      
Catg G1 Exception Values: 29,760,650   29,458,647      
Total Test Values (4): 185,546,026   188,994,299      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,449,715

Confidence Interval Values (5)

State Lower Limit: 179,544,584 (State Test Value minus Margin of Error Percent)
Local Test Value: 185,546,026 (Within Confidence Interval)
State Upper Limit: 198,444,014 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 193,828,299 (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