taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
242/Wheeler
242-906/Fort Elliott CISD

Category Summary

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

Stratum
Variance
G1 175,667,340 0.9675 181,568,310 10 298 .055221282
G1 175,373,920 1.0408 168,499,154 9 90 .024872396
G1 176,481,519 0.9823 179,661,528 8 48 .003960714
G1 172,928,600 1.0236 168,941,579 7 28 .014496743
Random Totals: 700,451,379   698,670,571 34 464  
Catg J Exception Values: 1,900,910   1,992,840      
Catg D1 Exception Values: 9,732,000   10,432,125      
Total Test Values (4): 712,084,289   711,095,536      

Margin of Error

Margin of Error Percent: 5.0034090
Margin of Error Value: 35,579,018

Confidence Interval Values (5)

State Lower Limit: 675,516,518 (State Test Value minus Margin of Error Percent)
Local Test Value: 712,084,289 (Within Confidence Interval)
State Upper Limit: 746,674,554 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,239,022,791 (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