taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
093/Grimes
093-904/Navasota ISD

Category Summary

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

Stratum
Variance
A 73,429,915 0.9812 74,836,848 15 1,449 .038942894
A 73,602,853 0.9396 78,334,241 18 764 .033192861
A 77,377,530 0.9872 78,380,804 24 529 .005590716
A 77,980,650 0.9115 85,552,002 12 303 .013037535
E 230,723,991 0.9167 251,689,747 29 2,037 .015983074
F1 17,789,862 0.9850 18,060,774 12 195 .052497042
F1 19,108,653 1.0367 18,432,192 8 51 .007446186
F1 20,485,291 0.9977 20,532,516 8 22 .013551865
F1 18,034,964 0.9924 18,173,079 4 6 .025534967
Random Totals: 608,533,709   643,992,203 130 5,356  
Catg J Exception Values: 26,872,719   28,017,636      
Catg D1 Exception Values: 11,170,532   11,567,792      
Total Test Values (4): 646,576,960   683,577,631      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,178,881

Confidence Interval Values (5)

Local Test Value: 646,576,960 (Outside Confidence Interval)
State Lower Limit: 649,398,750 (State Test Value minus Margin of Error Percent)
State Upper Limit: 717,756,512 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,580,018,865 (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