taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
249/Wise
249-904/Chico ISD

Category Summary

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

Stratum
Variance
A 26,406,670 1.0509 25,127,672 12 370 .019455754
A 26,209,670 0.9812 26,711,853 9 183 .001763143
A 27,604,760 0.9763 28,274,875 9 111 .002515514
A 32,183,600 0.9781 32,904,202 8 69 .001629639
C1 6,554,150 0.9493 6,904,193 11 268 .054813544
C1 6,364,550 0.9054 7,029,545 9 97 .012958867
C1 5,068,600 0.9084 5,579,701 10 43 .048796153
C1 9,065,600 1.0094 8,981,177 8 59 .010908959
E 75,841,830 1.0285 73,740,233 15 898 .020780672
G1 20,410,871 0.9920 20,575,475 10 139 .029969215
G1 20,767,279 1.0051 20,661,903 8 41 .007171495
G1 21,272,638 1.0015 21,240,777 6 16 .012168211
G1 18,458,590 1.0407 17,736,706 3 5 .025272640
L1 8,932,030 1.0297 8,674,400 8 31 .001407673
L1 13,467,560 0.9574 14,066,806 5 12 .008234185
Random Totals: 318,608,398   318,209,518 131 2,342  
Catg J Exception Values: 6,686,070   6,808,924      
Catg D1 Exception Values: 3,379,920   2,824,397      
Catg L1 Exception Values: 24,502,385   23,955,150      
Total Test Values (4): 353,176,773   351,797,989      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,589,899

Confidence Interval Values (5)

State Lower Limit: 334,208,090 (State Test Value minus Margin of Error Percent)
Local Test Value: 353,176,773 (Within Confidence Interval)
State Upper Limit: 369,387,888 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 574,539,553 (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