taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
099/Hardeman
099-902/Chillicothe ISD

Category Summary

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

Stratum
Variance
A 1,760,300 0.9415 1,869,676 13 150 .026764089
A 1,803,160 0.8335 2,163,359 9 69 .053983985
A 1,845,060 0.8223 2,243,780 10 40 .024688998
A 1,896,530 0.9318 2,035,340 9 22 .014446099
E 3,525,970 0.9575 3,682,475 19 112 .013878706
G1 10,080,400 1.0015 10,065,302 7 24 .025177789
G1 9,812,100 0.9675 10,141,705 5 10 .007300066
G1 10,794,370 0.9818 10,994,469 3 5 .000556039
Random Totals: 41,517,890   43,196,106 75 432  
Catg J Exception Values: 1,644,730   1,841,828      
Catg D1 Exception Values: 8,952,330   8,872,835      
Catg G1 Exception Values: 8,049,390   8,414,079      
Total Test Values (4): 60,164,340   62,324,848      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,116,242

Confidence Interval Values (5)

State Lower Limit: 59,208,606 (State Test Value minus Margin of Error Percent)
Local Test Value: 60,164,340 (Within Confidence Interval)
State Upper Limit: 65,441,090 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 85,823,974 (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