taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
109/Hill
109-902/Bynum ISD

Category Summary

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

Stratum
Variance
A 3,056,170 0.9092 3,361,384 11 80 .022717268
A 3,002,850 0.9486 3,165,560 10 46 .015450225
A 3,186,650 0.9808 3,249,031 10 33 .013960458
A 3,012,130 0.9934 3,032,142 8 20 .007372966
E 19,358,640 0.9887 19,579,893 18 244 .028326315
L1 2,863,360 1.0936 2,618,288 7 24 .005364901
Random Totals: 34,479,800   35,006,298 64 447  
Catg J Exception Values: 16,740,910   17,808,756      
Catg D1 Exception Values: 7,836,792   11,201,640      
Catg L1 Exception Values: 7,736,930   7,221,477      
Total Test Values (4): 66,794,432   71,238,171      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,561,908

Confidence Interval Values (5)

Local Test Value: 66,794,432 (Outside Confidence Interval)
State Lower Limit: 67,676,263 (State Test Value minus Margin of Error Percent)
State Upper Limit: 74,800,079 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 68,064,806 (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