taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
070/Ellis
070-910/Palmer ISD

Category Summary

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

Stratum
Variance
A 37,293,095 0.9932 37,548,424 17 589 .045203064
A 35,509,540 0.9621 36,908,367 15 301 .008531228
A 35,383,260 0.9298 38,054,700 15 209 .009105862
A 37,538,441 0.9646 38,916,070 15 146 .003593491
E 50,712,251 0.9085 55,819,759 14 462 .038017212
Random Totals: 196,436,587   207,247,320 76 1,707  
Catg J Exception Values: 7,800,170   8,598,043      
Catg D1 Exception Values: 4,778,831   3,029,277      
Total Test Values (4): 209,015,588   218,874,640      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,943,732

Confidence Interval Values (5)

State Lower Limit: 207,930,908 (State Test Value minus Margin of Error Percent)
Local Test Value: 209,015,588 (Within Confidence Interval)
State Upper Limit: 229,818,372 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 216,521,284 (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