taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
109/Hill
109-914/Penelope ISD

Category Summary

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

Stratum
Variance
A 1,503,890 1.0502 1,432,003 8 56 .144213404
A 1,433,820 0.9764 1,468,476 7 28 .008686549
A 1,279,910 0.9918 1,290,492 5 16 .009772234
A 1,821,100 1.0096 1,803,784 6 13 .003749998
E 11,584,060 1.0300 11,246,660 15 232 .083089218
Random Totals: 17,622,780   17,241,415 41 345  
Catg D1 Exception Values: 4,297,462   6,220,140      
Total Test Values (4): 21,920,242   23,461,555      

Margin of Error

Margin of Error Percent: 7.1817746
Margin of Error Value: 1,684,956

Confidence Interval Values (5)

State Lower Limit: 21,776,599 (State Test Value minus Margin of Error Percent)
Local Test Value: 21,920,242 (Within Confidence Interval)
State Upper Limit: 25,146,511 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 25,163,815 (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