taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
109/Hill
109-904/Hillsboro ISD

Category Summary

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

Stratum
Variance
A 42,905,580 0.9682 44,314,790 14 1,117 .017084396
A 43,319,650 1.0579 40,948,719 18 589 .034771417
A 45,338,960 1.0351 43,801,526 15 404 .015394911
A 44,866,140 1.0342 43,382,460 12 240 .012684724
E 60,905,754 0.9837 61,914,968 18 907 .013714357
F1 31,514,320 0.9802 32,150,908 9 195 .040155477
F1 33,768,560 0.9544 35,381,978 8 46 .024069214
F1 23,163,010 0.9787 23,667,120 7 16 .024142499
F1 36,153,810 0.9710 37,233,584 4 9 .000420488
L1 21,249,740 1.0642 19,967,807 9 138 .001103226
L1 24,584,020 1.1264 21,825,302 7 30 .026203680
L1 19,514,540 1.0729 18,188,592 4 6 .004390259
L1 36,906,370 1.0447 35,327,242 2 5 .000421468
Random Totals: 464,190,454   458,104,996 127 3,702  
Catg J Exception Values: 30,159,982   31,764,812      
Catg D1 Exception Values: 8,782,739   11,704,360      
Total Test Values (4): 503,133,175   501,574,168      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 25,078,708

Confidence Interval Values (5)

State Lower Limit: 476,495,460 (State Test Value minus Margin of Error Percent)
Local Test Value: 503,133,175 (Within Confidence Interval)
State Upper Limit: 526,652,876 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 552,373,535 (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