taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
211/Sherman
211-902/Stratford ISD

Category Summary

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

Stratum
Variance
A 10,313,410 0.9613 10,728,607 10 264 .039771731
A 9,552,190 1.0783 8,858,564 9 142 .042066085
A 10,130,590 0.8645 11,718,438 9 105 .028941665
A 11,289,250 1.0220 11,046,233 9 65 .026200751
G1 35,901,680 0.9632 37,273,339 10 162 .019820951
G1 35,401,090 1.0393 34,062,436 12 72 .004760818
G1 35,492,880 1.0648 33,332,908 9 45 .013131965
G1 35,346,910 1.0468 33,766,632 7 21 .005610343
Random Totals: 183,428,000   180,787,157 75 876  
Catg J Exception Values: 16,747,950   16,322,219      
Catg D1 Exception Values: 104,336,010   105,694,938      
Total Test Values (4): 304,511,960   302,804,314      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,140,215

Confidence Interval Values (5)

State Lower Limit: 287,664,099 (State Test Value minus Margin of Error Percent)
Local Test Value: 304,511,960 (Within Confidence Interval)
State Upper Limit: 317,944,529 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 425,443,748 (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