taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
018/Bosque
018-908/Cranfills Gap ISD

Category Summary

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

Stratum
Variance
A 1,687,335 0.8300 2,032,934 11 55 .030074047
A 1,257,756 0.9171 1,371,449 9 24 .007675503
A 1,380,728 0.8481 1,628,025 9 16 .028682035
A 568,856 0.9346 608,663 4 4 .027406348
E 44,051,095 0.9735 45,250,226 16 412 .040369374
Random Totals: 48,945,770   50,891,297 49 511  
Catg J Exception Values: 301,130   286,008      
Catg D1 Exception Values: 4,332,785   4,434,435      
Total Test Values (4): 53,579,685   55,611,740      

Margin of Error

Margin of Error Percent: 8.0854762
Margin of Error Value: 4,496,474

Confidence Interval Values (5)

State Lower Limit: 51,115,266 (State Test Value minus Margin of Error Percent)
Local Test Value: 53,579,685 (Within Confidence Interval)
State Upper Limit: 60,108,214 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 60,223,719 (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