taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
028/Caldwell
028-906/Prairie Lea ISD

Category Summary

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

Stratum
Variance
A 3,307,370 0.9493 3,484,009 15 83 .062290347
A 3,956,940 0.9047 4,373,759 13 57 .078901578
A 3,181,630 0.9973 3,190,244 12 31 .036078678
A 3,825,990 1.0636 3,597,208 10 22 .010072680
E 25,805,749 0.9216 28,001,030 14 478 .029290123
G1 8,938,247 0.9987 8,949,882 7 12 .040867860
G1 8,529,365 0.9646 8,842,385 4 5 .018625988
Random Totals: 57,545,291   60,438,517 75 688  
Catg J Exception Values: 504,350   887,164      
Catg D1 Exception Values: 1,356,870   1,390,443      
Catg G1 Exception Values: 25,728,695   24,909,172      
Total Test Values (4): 85,135,206   87,625,296      

Margin of Error

Margin of Error Percent: 5.0000002
Margin of Error Value: 4,381,265

Confidence Interval Values (5)

State Lower Limit: 83,244,031 (State Test Value minus Margin of Error Percent)
Local Test Value: 85,135,206 (Within Confidence Interval)
State Upper Limit: 92,006,561 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 103,303,656 (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