taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
093/Grimes
154-901/Madisonville CISD

Category Summary

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

Stratum
Variance
A 6,511,940 0.9748 6,680,283 10 188 .007447166
A 6,876,300 0.9968 6,898,375 9 154 .004161346
A 6,865,050 1.0479 6,551,245 10 108 .009514840
A 6,390,530 0.9462 6,753,889 9 53 .010944204
E 38,003,853 0.9568 39,719,746 20 485 .023452361
Random Totals: 64,647,673   66,603,538 58 988  
Catg J Exception Values: 2,556,447   2,596,607      
Catg D1 Exception Values: 2,955,649   3,112,752      
Total Test Values (4): 70,159,769   72,312,897      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,615,644

Confidence Interval Values (5)

State Lower Limit: 68,697,253 (State Test Value minus Margin of Error Percent)
Local Test Value: 70,159,769 (Within Confidence Interval)
State Upper Limit: 75,928,541 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 84,833,436 (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