taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
116/Hunt
199-902/Royse City ISD

Category Summary

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

Stratum
Variance
A 32,360,093 0.9895 32,703,480 22 333 .008205128
A 36,896,539 1.0028 36,793,517 25 264 .003219507
A 32,562,102 0.9782 33,287,776 16 190 .004510704
A 33,895,780 0.9708 34,915,307 13 129 .009109466
E 50,410,279 1.0890 46,290,431 15 476 .034642124
Random Totals: 186,124,793   183,990,511 91 1,392  
Catg D1 Exception Values: 1,050,690   1,130,796      
Total Test Values (4): 187,175,483   185,121,307      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,256,065

Confidence Interval Values (5)

State Lower Limit: 175,865,242 (State Test Value minus Margin of Error Percent)
Local Test Value: 187,175,483 (Within Confidence Interval)
State Upper Limit: 194,377,372 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 196,115,231 (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