taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
067/Eastland
067-903/Eastland ISD

Category Summary

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

Stratum
Variance
A 34,696,220 0.9544 36,353,961 16 739 .068939604
A 35,732,140 0.9338 38,265,303 18 425 .045063143
A 35,046,290 0.9557 36,670,807 15 263 .016310456
A 32,873,060 1.0100 32,547,584 15 130 .010339830
E 91,777,750 0.6644 138,136,288 24 1,292 1.298232411
F1 16,204,800 0.9957 16,274,782 9 141 .004893034
F1 14,756,100 1.0019 14,728,117 8 48 .003118103
F1 17,024,900 1.0109 16,841,330 6 25 .000875343
F1 18,830,680 1.0098 18,647,930 3 7 .002755513
G1 4,104,950 1.0022 4,095,939 10 82 .014129541
G1 3,989,510 1.0344 3,856,835 6 14 .003935865
G1 4,309,400 1.0463 4,118,704 5 9 .004759133
G1 3,782,220 1.0306 3,669,920 2 3 .012092730
L1 5,676,340 0.9690 5,857,936 9 130 .002104264
L1 6,269,690 1.0065 6,229,200 7 29 .002060167
L1 6,265,070 1.0392 6,028,743 5 8 .001930551
Random Totals: 331,339,120   382,323,379 158 3,345  
Catg J Exception Values: 18,522,030   18,688,377      
Catg D1 Exception Values: 10,377,880   11,381,409      
Catg L1 Exception Values: 5,072,720   4,292,001      
Total Test Values (4): 365,311,750   416,685,166      

Margin of Error

Margin of Error Percent: 15.0561506
Margin of Error Value: 62,736,746

Confidence Interval Values (5)

State Lower Limit: 353,948,420 (State Test Value minus Margin of Error Percent)
Local Test Value: 365,311,750 (Within Confidence Interval)
State Upper Limit: 479,421,912 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 448,933,856 (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