taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
043/Collin
043-911/Princeton ISD

Category Summary

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

Stratum
Variance
A 91,964,475 0.9773 94,100,558 17 1,568 .012943611
A 79,190,125 0.9407 84,182,125 28 738 .012472693
A 124,964,530 0.9507 131,444,756 76 894 .009338081
A 152,760,986 0.9914 154,086,127 58 778 .006065080
E 66,136,857 1.0172 65,018,538 15 563 .002050062
F1 10,619,508 0.9025 11,766,768 9 35 .027250565
F1 9,171,418 0.9309 9,852,205 6 12 .006924144
Random Totals: 534,807,899   550,451,077 209 4,588  
Catg D1 Exception Values: 2,513,470   2,279,483      
Catg F1 Exception Values: 15,329,765   16,830,294      
Total Test Values (4): 552,651,134   569,560,854      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 28,478,043

Confidence Interval Values (5)

State Lower Limit: 541,082,811 (State Test Value minus Margin of Error Percent)
Local Test Value: 552,651,134 (Within Confidence Interval)
State Upper Limit: 598,038,897 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 578,494,912 (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