taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
106/Hemphill
106-901/Canadian ISD

Category Summary

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

Stratum
Variance
A 21,459,570 0.8158 26,304,940 12 351 .057705290
A 16,488,860 0.7688 21,447,529 10 161 .055480933
A 25,154,020 0.9161 27,457,723 10 163 .032253779
A 24,848,600 1.0786 23,037,827 9 88 .180129563
G1 238,854,900 1.0230 233,484,751 15 731 .018732462
G1 237,997,230 1.0221 232,851,218 15 286 .050769827
G1 238,529,988 1.0263 232,417,410 14 129 .024634839
G1 237,935,150 1.0431 228,103,873 12 55 .018437186
Random Totals: 1,041,268,318   1,025,105,271 97 1,964  
Catg J Exception Values: 43,492,870   42,649,421      
Catg D1 Exception Values: 18,262,030   17,654,542      
Total Test Values (4): 1,103,023,218   1,085,409,234      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 54,270,461

Confidence Interval Values (5)

State Lower Limit: 1,031,138,773 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,103,023,218 (Within Confidence Interval)
State Upper Limit: 1,139,679,695 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,714,149,596 (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