taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
098/Hansford
098-904/Spearman ISD

Category Summary

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

Stratum
Variance
A 13,747,085 0.8879 15,482,695 16 377 .053521797
A 23,994,964 0.9102 26,362,298 21 359 .015870558
A 16,772,218 0.9674 17,337,418 15 149 .009643568
A 64,034,601 1.0211 62,711,391 16 175 .002926702
G1 15,913,660 1.0154 15,672,306 11 153 .073145216
G1 15,755,660 1.0476 15,039,767 10 51 .128961518
G1 15,860,270 1.0525 15,069,140 8 24 .039712421
G1 15,407,750 0.9718 15,854,857 5 9 .033030223
L1 2,582,089 0.9965 2,591,158 9 56 .001301322
L1 3,097,604 1.0033 3,087,416 5 12 .000561232
L1 3,486,484 1.0122 3,444,462 4 7 .000165306
Random Totals: 190,652,385   192,652,908 120 1,372  
Catg J Exception Values: 2,589,100   2,777,833      
Catg D1 Exception Values: 24,946,124   25,115,231      
Catg L1 Exception Values: 2,773,999   2,412,985      
Total Test Values (4): 220,961,608   222,958,957      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,147,947

Confidence Interval Values (5)

State Lower Limit: 211,811,010 (State Test Value minus Margin of Error Percent)
Local Test Value: 220,961,608 (Within Confidence Interval)
State Upper Limit: 234,106,904 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 244,499,971 (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