taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
242/Wheeler
242-905/Kelton ISD

Category Summary

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

Stratum
Variance
G1 160,059,070 0.9892 161,806,581 9 179 .021173000
G1 157,191,379 1.0189 154,275,571 8 52 .012515270
G1 165,320,870 1.0038 164,695,029 8 30 .018335939
G1 150,563,070 1.0405 144,702,614 5 11 .003664872
Random Totals: 633,134,389   625,479,795 30 272  
Catg J Exception Values: 2,599,470   2,738,509      
Catg D1 Exception Values: 4,713,010   5,769,837      
Total Test Values (4): 640,446,869   633,988,141      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,699,407

Confidence Interval Values (5)

State Lower Limit: 602,288,734 (State Test Value minus Margin of Error Percent)
Local Test Value: 640,446,869 (Within Confidence Interval)
State Upper Limit: 665,687,548 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 945,277,996 (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