taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
052/Crane
052-901/Crane ISD

Category Summary

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

Stratum
Variance
G1 476,125,457 1.0000 476,125,457 13 256 .017060146
G1 496,366,394 1.0108 491,062,915 11 22 .060529084
G1 483,181,586 1.0256 471,120,891 4 5 .000612731
Random Totals: 1,455,673,437   1,438,309,263 28 283  
Catg J Exception Values: 15,822,330   15,901,312      
Catg D1 Exception Values: 1,858,790   1,191,503      
Catg G1 Exception Values: 430,506,911   405,372,627      
Total Test Values (4): 1,903,861,468   1,860,774,705      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 93,038,735

Confidence Interval Values (5)

State Lower Limit: 1,767,735,970 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,903,861,468 (Within Confidence Interval)
State Upper Limit: 1,953,813,440 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,228,876,199 (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