taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
116/Hunt
116-909/Wolfe City ISD

Category Summary

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

Stratum
Variance
A 8,928,386 1.0666 8,370,885 10 260 .029830557
A 9,318,608 0.9948 9,367,318 9 157 .002182997
A 10,399,667 1.0379 10,019,912 9 120 .004524310
A 9,128,830 0.9229 9,891,462 9 65 .036715525
E 44,618,148 1.0325 43,213,703 16 712 .014097455
Random Totals: 82,393,639   80,863,280 53 1,314  
Catg D1 Exception Values: 3,822,050   4,285,668      
Total Test Values (4): 86,215,689   85,148,948      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,257,447

Confidence Interval Values (5)

State Lower Limit: 80,891,501 (State Test Value minus Margin of Error Percent)
Local Test Value: 86,215,689 (Within Confidence Interval)
State Upper Limit: 89,406,395 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 93,476,718 (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