taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 Confidence Interval Detail
211/Sherman
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 1,281,910 0.9787 1,309,809 8 48 .003203800
A 1,739,000 0.9623 1,807,129 8 34 .007700127
A 2,167,200 0.9742 2,224,595 6 26 .000934443
A 2,103,820 0.9327 2,255,623 5 15 .002744947
G1 13,283,310 0.9954 13,344,696 9 89 .014941987
G1 13,443,450 0.9822 13,687,080 8 39 .009852217
G1 13,358,220 1.0384 12,864,233 7 23 .002591789
G1 13,012,450 1.0105 12,877,239 4 8 .010931442
Random Totals: 60,389,360   60,370,404 55 282  
Catg D1 Exception Values: 26,901,760   28,553,758      
Total Test Values (4): 87,291,120   88,924,162      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,446,208

Confidence Interval Values (5)

State Lower Limit: 84,477,954 (State Test Value minus Margin of Error Percent)
Local Test Value: 87,291,120 (Within Confidence Interval)
State Upper Limit: 93,370,370 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 135,849,660 (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