taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
038/Childress
038-901/Childress ISD

Category Summary

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

Stratum
Variance
A 21,096,745 0.9425 22,383,814 13 780 .051425668
A 17,375,980 0.9689 17,933,719 11 341 .039119851
A 23,227,518 1.0194 22,785,480 12 288 .027127762
A 22,170,113 1.0255 21,618,833 12 144 .021929668
E 24,445,633 0.9520 25,678,186 19 415 .146594241
F1 10,490,011 0.9652 10,868,225 9 127 .013130199
F1 11,318,550 1.0845 10,436,653 7 27 .068165653
F1 11,489,566 0.8868 12,956,209 5 6 .017886402
L1 4,793,241 1.0242 4,679,985 9 101 .016242047
L1 3,940,904 0.9842 4,004,170 7 19 .003460459
L1 5,823,496 1.0759 5,412,674 4 5 .007022188
Random Totals: 156,171,757   158,757,948 108 2,253  
Catg J Exception Values: 24,168,808   23,693,559      
Catg D1 Exception Values: 24,724,975   24,705,130      
Catg F1 Exception Values: 9,587,329   8,539,842      
Catg L1 Exception Values: 4,166,569   4,334,991      
Total Test Values (4): 218,819,438   220,031,470      

Margin of Error

Margin of Error Percent: 5.0000002
Margin of Error Value: 11,001,574

Confidence Interval Values (5)

State Lower Limit: 209,029,896 (State Test Value minus Margin of Error Percent)
Local Test Value: 218,819,438 (Within Confidence Interval)
State Upper Limit: 231,033,044 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 331,540,262 (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