taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
073/Falls
073-901/Chilton ISD

Category Summary

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

Stratum
Variance
A 4,679,510 0.6906 6,776,006 15 209 .090870383
A 4,531,110 0.8616 5,258,948 15 104 .016313923
A 4,556,720 0.9681 4,706,869 15 70 .014712892
A 5,161,550 0.9563 5,397,417 16 49 .020757063
E 19,574,080 0.8922 21,939,117 13 405 .038143473
Random Totals: 38,502,970   44,078,357 74 837  
Catg J Exception Values: 7,481,150   7,663,004      
Catg D1 Exception Values: 7,111,450   6,531,798      
Total Test Values (4): 53,095,570   58,273,159      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 2,913,658

Confidence Interval Values (5)

Local Test Value: 53,095,570 (Outside Confidence Interval)
State Lower Limit: 55,359,501 (State Test Value minus Margin of Error Percent)
State Upper Limit: 61,186,817 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 60,815,643 (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