taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
145/Leon
145-906/Normangee ISD

Category Summary

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

Stratum
Variance
A 25,317,600 0.8517 29,725,960 16 346 .106652883
A 23,692,680 0.9952 23,806,953 15 190 .049431505
A 24,161,960 0.9790 24,680,245 15 141 .013453774
A 23,343,610 0.9974 23,404,462 14 93 .012160666
C1 4,031,770 0.4933 8,173,059 10 1,747 .025487535
C1 2,853,750 0.7064 4,039,850 10 753 .051256781
C1 3,731,800 0.7894 4,727,388 10 683 .063016177
C1 3,081,240 0.8837 3,486,749 10 242 .017382111
E 49,063,350 0.7330 66,934,993 18 722 .148348260
G1 48,731,667 0.9985 48,804,874 20 45 .007239537
Random Totals: 208,009,427   237,784,533 138 4,962  
Catg J Exception Values: 12,178,390   12,051,505      
Catg D1 Exception Values: 3,872,870   3,056,774      
Total Test Values (4): 224,060,687   252,892,812      

Margin of Error

Margin of Error Percent: 5.2065604
Margin of Error Value: 13,167,017

Confidence Interval Values (5)

Local Test Value: 224,060,687 (Outside Confidence Interval)
State Lower Limit: 239,725,795 (State Test Value minus Margin of Error Percent)
State Upper Limit: 266,059,829 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 213,179,482 (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