taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
111/Hood
111-903/Tolar ISD

Category Summary

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

Stratum
Variance
A 10,024,120 1.0658 9,405,254 13 172 .065230100
A 9,281,940 1.0181 9,116,924 9 92 .010689136
A 10,506,090 1.0011 10,494,546 14 76 .012750046
A 11,653,770 0.9015 12,927,088 10 58 .011850930
E 77,013,560 1.0197 75,525,704 18 799 .010592689
Random Totals: 118,479,480   117,469,516 64 1,197  
Catg J Exception Values: 15,298,160   15,500,886      
Catg D1 Exception Values: 6,315,090   3,648,125      
Total Test Values (4): 140,092,730   136,618,527      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,830,926

Confidence Interval Values (5)

State Lower Limit: 129,787,601 (State Test Value minus Margin of Error Percent)
Local Test Value: 140,092,730 (Within Confidence Interval)
State Upper Limit: 143,449,453 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 200,913,607 (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