taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
109/Hill
175-905/Frost ISD

Category Summary

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

Stratum
Variance
A 892,700 0.9832 907,954 10 28 .004977891
A 723,300 0.9764 740,782 7 13 .005172633
A 878,390 0.9512 923,455 7 11 .008694273
E 2,454,380 0.9823 2,498,605 14 42 .007078669
L1 21,780 1.1848 18,383 3 5 .053788559
Random Totals: 4,970,550   5,089,179 41 99  
Catg J Exception Values: 1,001,795   1,027,968      
Catg D1 Exception Values: 1,088,380   1,619,732      
Catg A Exception Values: 697,080   731,340      
Catg L1 Exception Values: 668,120   668,118      
Total Test Values (4): 8,425,925   9,136,337      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 456,816

Confidence Interval Values (5)

Local Test Value: 8,425,925 (Outside Confidence Interval)
State Lower Limit: 8,679,521 (State Test Value minus Margin of Error Percent)
State Upper Limit: 9,593,153 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 8,828,548 (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