taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
211/Sherman
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 1,995,060 0.8950 2,229,117 9 62 .054128157
A 1,846,400 0.9338 1,977,297 8 29 .037561779
A 2,342,110 0.9339 2,507,881 8 23 .030689967
A 2,149,280 1.0218 2,103,425 6 13 .015353874
G1 10,863,970 0.9745 11,148,250 11 88 .018759596
G1 10,903,020 1.0398 10,485,690 10 38 .057237114
G1 10,710,900 1.0222 10,478,282 8 21 .006701938
G1 10,572,250 1.0493 10,075,527 5 7 .005514836
Random Totals: 51,382,990   51,005,469 65 281  
Catg D1 Exception Values: 33,715,670   33,810,378      
Total Test Values (4): 85,098,660   84,815,847      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,240,792

Confidence Interval Values (5)

State Lower Limit: 80,575,055 (State Test Value minus Margin of Error Percent)
Local Test Value: 85,098,660 (Within Confidence Interval)
State Upper Limit: 89,056,639 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 125,707,405 (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