taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
019/Bowie
019-911/Red Lick ISD

Category Summary

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

Stratum
Variance
A 37,775,604 1.0090 37,438,656 10 273 .021105760
A 38,305,633 0.9966 38,436,316 13 192 .003957717
A 37,290,686 1.0263 36,335,074 10 144 .005562515
A 38,499,371 1.0268 37,494,518 9 97 .003463485
E 18,653,332 1.0708 17,419,996 14 181 .026010249
Random Totals: 170,524,626   167,124,560 56 887  
Catg D1 Exception Values: 291,886   250,298      
Total Test Values (4): 170,816,512   167,374,858      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,368,742

Confidence Interval Values (5)

State Lower Limit: 159,006,116 (State Test Value minus Margin of Error Percent)
Local Test Value: 170,816,512 (Within Confidence Interval)
State Upper Limit: 175,743,600 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 184,943,388 (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