taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
168/Mitchell
168-902/Loraine ISD

Category Summary

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

Stratum
Variance
A 1,496,060 0.8331 1,795,775 9 96 .019516129
A 3,063,070 0.9306 3,291,500 9 93 .002225386
A 3,724,830 0.9495 3,922,938 8 64 .006459490
A 3,462,880 0.9613 3,602,289 6 25 .003813255
E 11,597,570 0.9804 11,829,427 19 213 .034087778
Random Totals: 23,344,410   24,441,929 51 491  
Catg J Exception Values: 4,900,020   4,956,207      
Catg D1 Exception Values: 12,520,350   10,401,288      
Total Test Values (4): 40,764,780   39,799,424      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,989,971

Confidence Interval Values (5)

State Lower Limit: 37,809,453 (State Test Value minus Margin of Error Percent)
Local Test Value: 40,764,780 (Within Confidence Interval)
State Upper Limit: 41,789,395 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 73,972,722 (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