taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
212/Smith
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 116,690,410 0.9702 120,274,593 40 992 .011659157
A 116,952,158 0.9806 119,265,917 38 582 .010146834
A 120,709,573 1.0084 119,704,059 31 399 .008642600
A 120,664,853 1.0184 118,484,734 10 237 .006042704
E 54,852,180 1.0825 50,671,760 14 417 .009543950
Random Totals: 529,869,174   528,401,063 133 2,627  
Catg D1 Exception Values: 1,882,873   1,039,908      
Total Test Values (4): 531,752,047   529,440,971      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 26,472,049

Confidence Interval Values (5)

State Lower Limit: 502,968,922 (State Test Value minus Margin of Error Percent)
Local Test Value: 531,752,047 (Within Confidence Interval)
State Upper Limit: 555,913,020 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 551,121,108 (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