taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
211/Sherman
171-902/Sunray ISD

Category Summary

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

Stratum
Variance
E 3,299,850 1.1854 2,783,744 13 68 .053767434
G1 8,111,090 1.0218 7,938,041 8 35 .015501569
G1 8,407,960 1.0259 8,195,692 7 19 .011900556
G1 8,469,720 1.0472 8,087,968 6 14 .034842153
G1 7,412,280 1.0676 6,942,937 4 7 .003176927
Random Totals: 35,700,900   33,948,382 38 143  
Catg D1 Exception Values: 22,355,520   22,107,282      
Total Test Values (4): 58,056,420   56,055,664      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,802,783

Confidence Interval Values (5)

State Lower Limit: 53,252,881 (State Test Value minus Margin of Error Percent)
Local Test Value: 58,056,420 (Within Confidence Interval)
State Upper Limit: 58,858,447 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 64,495,651 (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