taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
037/Cherokee
037-901/Alto ISD

Category Summary

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

Stratum
Variance
A 8,249,670 0.9314 8,857,279 12 317 .025508606
A 7,521,060 1.0044 7,488,112 11 144 .021518472
A 8,159,160 0.9858 8,276,689 11 99 .008895923
A 6,352,870 0.9501 6,686,528 8 44 .012368951
E 44,490,060 0.9944 44,740,607 17 852 .022744836
G1 3,878,350 1.0125 3,830,469 11 73 .134194791
G1 3,817,484 0.9947 3,837,824 12 31 .034353419
G1 3,953,484 1.0250 3,857,058 9 18 .013221016
G1 3,737,625 1.0292 3,631,583 5 9 .034526140
Random Totals: 90,159,763   91,206,149 96 1,587  
Catg J Exception Values: 1,953,663   2,189,411      
Catg D1 Exception Values: 11,280,099   10,785,354      
Total Test Values (4): 103,393,525   104,180,914      

Margin of Error

Margin of Error Percent: 5.0000003
Margin of Error Value: 5,209,046

Confidence Interval Values (5)

State Lower Limit: 98,971,868 (State Test Value minus Margin of Error Percent)
Local Test Value: 103,393,525 (Within Confidence Interval)
State Upper Limit: 109,389,960 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 118,546,088 (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