taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
127/Jones
221-904/Merkel ISD

Category Summary

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

Stratum
Variance
E 25,390,510 0.9298 27,307,496 15 355 .019723765
G1 3,468,160 0.9524 3,641,495 7 24 .008161321
G1 3,472,529 0.9300 3,733,902 4 7 .023907283
G1 4,015,090 1.0451 3,841,824 3 5 .001292042
Random Totals: 36,346,289   38,524,717 29 391  
Catg J Exception Values: 532,850   551,333      
Catg D1 Exception Values: 2,388,280   2,514,049      
Catg G1 Exception Values: 2,861,470   2,647,778      
Total Test Values (4): 42,128,889   44,237,877      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,211,893

Confidence Interval Values (5)

State Lower Limit: 42,025,984 (State Test Value minus Margin of Error Percent)
Local Test Value: 42,128,889 (Within Confidence Interval)
State Upper Limit: 46,449,770 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 46,066,729 (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