taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
128/Karnes
128-903/Runge ISD

Category Summary

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

Stratum
Variance
G1 260,621,538 1.0182 255,963,011 11 44 .014423073
G1 251,140,240 0.9785 256,658,396 8 19 .025880431
G1 252,166,177 0.9747 258,711,580 7 14 .016072403
G1 248,752,058 1.0150 245,075,919 5 7 .019500783
Random Totals: 1,012,680,013   1,016,408,906 31 84  
Catg D1 Exception Values: 4,735,991   4,237,234      
Total Test Values (4): 1,017,416,004   1,020,646,140      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 51,032,307

Confidence Interval Values (5)

State Lower Limit: 969,613,833 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,017,416,004 (Within Confidence Interval)
State Upper Limit: 1,071,678,447 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,165,188,969 (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