taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
109/Hill
109-907/Itasca ISD

Category Summary

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

Stratum
Variance
A 11,245,120 0.9595 11,719,771 10 295 .037038799
A 11,245,140 1.0083 11,152,574 9 171 .012086553
A 12,277,810 0.9280 13,230,399 9 126 .008913827
A 11,570,400 0.9273 12,477,515 9 58 .016750204
E 56,918,020 1.0371 54,881,901 17 767 .012923957
L1 1,465,750 1.1141 1,315,636 7 19 .028970985
L1 1,266,890 1.1307 1,120,448 4 6 .011086641
L1 1,619,290 1.0252 1,579,487 3 5 .005098786
Random Totals: 107,608,420   107,477,731 68 1,447  
Catg J Exception Values: 12,375,616   13,128,195      
Catg D1 Exception Values: 10,008,620   12,987,074      
Catg L1 Exception Values: 11,125,510   9,709,045      
Total Test Values (4): 141,118,166   143,302,045      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,165,102

Confidence Interval Values (5)

State Lower Limit: 136,136,943 (State Test Value minus Margin of Error Percent)
Local Test Value: 141,118,166 (Within Confidence Interval)
State Upper Limit: 150,467,147 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 173,517,225 (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