taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
211/Sherman
098-901/Gruver ISD

Category Summary

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

Stratum
Variance
E 2,174,210 1.0423 2,085,973 13 32 .025544696
G1 3,714,520 1.0343 3,591,337 6 15 .003710232
G1 3,372,020 1.0217 3,300,401 5 9 .029012824
G1 3,497,270 1.0818 3,232,825 4 6 .010723891
G1 3,041,230 1.1177 2,720,972 3 4 .005974532
Random Totals: 15,799,250   14,931,508 31 66  
Catg D1 Exception Values: 10,301,140   10,370,551      
Total Test Values (4): 26,100,390   25,302,059      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,265,102

Confidence Interval Values (5)

State Lower Limit: 24,036,957 (State Test Value minus Margin of Error Percent)
Local Test Value: 26,100,390 (Within Confidence Interval)
State Upper Limit: 26,567,161 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 32,083,005 (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