taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
111/Hood
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 5,111,410 1.0860 4,706,639 11 107 .078180435
A 5,312,220 1.0681 4,973,523 9 65 .044533817
A 5,209,500 0.9605 5,423,738 8 43 .015501927
A 5,313,030 0.9372 5,669,046 7 27 .003859240
E 35,778,840 0.9542 37,496,164 16 487 .011017493
Random Totals: 56,725,000   58,269,110 51 729  
Catg J Exception Values: 1,171,060   1,158,812      
Catg D1 Exception Values: 3,582,470   2,007,594      
Total Test Values (4): 61,478,530   61,435,516      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,071,775

Confidence Interval Values (5)

State Lower Limit: 58,363,741 (State Test Value minus Margin of Error Percent)
Local Test Value: 61,478,530 (Within Confidence Interval)
State Upper Limit: 64,507,291 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 122,364,537 (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