taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
160/McCulloch
160-901/Brady ISD

Category Summary

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

Stratum
Variance
A 31,335,610 0.9519 32,919,015 15 968 .007028532
A 36,758,150 0.9752 37,692,935 21 584 .028044285
A 35,627,310 0.9175 38,830,856 20 341 .023761639
A 38,750,840 0.9513 40,734,616 13 224 .003811860
E 46,716,770 0.9327 50,087,670 15 698 .056826991
F1 9,240,990 0.9193 10,052,203 13 129 .058551271
F1 13,696,340 0.9045 15,142,443 10 86 .016083921
F1 16,001,190 0.9037 17,706,307 11 39 .011075763
L1 8,891,920 0.9685 9,181,125 9 133 .005383561
L1 10,330,740 1.0070 10,258,928 7 26 .000472542
L1 5,939,700 1.0019 5,928,436 4 5 .002296751
Random Totals: 253,289,560   268,534,534 138 3,233  
Catg D1 Exception Values: 24,015,990   24,025,197      
Catg F1 Exception Values: 12,542,120   12,337,072      
Catg L1 Exception Values: 6,943,510   6,938,360      
Total Test Values (4): 296,791,180   311,835,163      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,591,758

Confidence Interval Values (5)

State Lower Limit: 296,243,405 (State Test Value minus Margin of Error Percent)
Local Test Value: 296,791,180 (Within Confidence Interval)
State Upper Limit: 327,426,921 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 446,936,378 (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