taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
106/Hemphill
242-906/Fort Elliott CISD

Category Summary

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

Stratum
Variance
G1 77,775,410 1.0551 73,713,781 10 296 .051501693
G1 78,170,820 0.9921 78,793,287 9 98 .026851604
G1 78,903,060 1.0120 77,967,451 8 38 .023263840
G1 75,122,620 1.0069 74,607,826 6 15 .008666464
Random Totals: 309,971,910   305,082,345 33 447  
Catg D1 Exception Values: 5,274,050   5,052,843      
Total Test Values (4): 315,245,960   310,135,188      

Margin of Error

Margin of Error Percent: 5.2189699
Margin of Error Value: 16,185,862

Confidence Interval Values (5)

State Lower Limit: 293,949,326 (State Test Value minus Margin of Error Percent)
Local Test Value: 315,245,960 (Within Confidence Interval)
State Upper Limit: 326,321,050 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 456,225,148 (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