taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
026/Burleson
026-903/Snook ISD

Category Summary

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

Stratum
Variance
A 5,427,745 0.6852 7,921,403 10 237 .046221638
A 5,761,148 0.7530 7,650,927 9 112 .131700262
A 6,463,356 0.8512 7,593,228 10 72 .073036338
A 10,499,729 0.9415 11,152,129 8 54 .016037416
E 63,551,107 0.8030 79,142,101 14 1,060 .103270870
G1 3,433,180 0.9503 3,612,733 15 46 .206051405
G1 3,235,010 1.0369 3,119,886 10 15 .010071761
G1 3,816,950 1.0137 3,765,365 5 6 .015926480
L1 777,860 1.0389 748,734 7 27 .007658636
L1 958,671 0.9945 963,973 4 9 .013391640
L1 2,016,451 1.0247 1,967,845 3 5 .000184058
Random Totals: 105,941,207   127,638,324 95 1,643  
Catg J Exception Values: 8,252,910   8,299,192      
Catg D1 Exception Values: 11,645,133   12,842,193      
Catg G1 Exception Values: 2,715,090   2,642,184      
Total Test Values (4): 128,554,340   151,421,893      

Margin of Error

Margin of Error Percent: 9.0219233
Margin of Error Value: 13,661,167

Confidence Interval Values (5)

Local Test Value: 128,554,340 (Outside Confidence Interval)
State Lower Limit: 137,760,726 (State Test Value minus Margin of Error Percent)
State Upper Limit: 165,083,060 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 151,759,754 (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