taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
043/Collin
043-904/Farmersville ISD

Category Summary

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

Stratum
Variance
A 42,328,633 0.9442 44,830,156 12 778 .058942541
A 42,276,796 0.9753 43,347,479 17 458 .052437951
A 46,483,595 0.9410 49,398,082 19 336 .028153661
A 60,736,410 0.9468 64,149,144 20 254 .023292517
E 79,729,988 0.9780 81,523,505 17 931 .007567489
F1 5,886,403 0.9400 6,262,131 9 53 .021118874
F1 5,938,720 0.9546 6,221,161 8 20 .015783707
F1 6,003,075 1.0562 5,683,654 7 9 .024698187
Random Totals: 289,383,620   301,415,312 109 2,839  
Catg J Exception Values: 16,221,965   17,097,690      
Catg D1 Exception Values: 4,148,137   3,126,359      
Catg F1 Exception Values: 5,216,317   5,267,781      
Total Test Values (4): 314,970,039   326,907,142      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,345,357

Confidence Interval Values (5)

State Lower Limit: 310,561,785 (State Test Value minus Margin of Error Percent)
Local Test Value: 314,970,039 (Within Confidence Interval)
State Upper Limit: 343,252,499 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 366,764,613 (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