taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
039/Clay
039-905/Midway ISD

Category Summary

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

Stratum
Variance
A 2,334,790 0.9343 2,498,972 10 76 .017635499
A 2,282,030 0.9835 2,320,315 11 37 .005211302
A 2,064,400 0.9428 2,189,648 8 21 .012928338
A 2,164,070 1.0089 2,144,980 7 12 .028215478
E 24,629,580 1.0209 24,125,360 16 387 .010310309
G1 9,896,000 0.9756 10,143,501 15 70 .030751527
G1 9,967,780 0.9689 10,287,728 11 25 .039471191
G1 10,296,990 1.0194 10,101,030 8 14 .029678800
G1 8,992,100 1.0074 8,926,047 4 5 .007362579
Random Totals: 72,627,740   72,737,581 90 647  
Catg J Exception Values: 5,766,620   5,848,198      
Catg D1 Exception Values: 11,633,300   10,536,608      
Total Test Values (4): 90,027,660   89,122,387      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,456,119

Confidence Interval Values (5)

State Lower Limit: 84,666,268 (State Test Value minus Margin of Error Percent)
Local Test Value: 90,027,660 (Within Confidence Interval)
State Upper Limit: 93,578,506 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 93,063,607 (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