taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
095/Hale
140-905/Olton ISD

Category Summary

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

Stratum
Variance
E 4,609,774 0.9856 4,677,125 13 91 .017903383
Random Totals: 4,609,774   4,677,125 13 91  
Catg D1 Exception Values: 17,642,785   14,066,593      
Total Test Values (4): 22,252,559   18,743,718      

Margin of Error

Margin of Error Percent: 5.0000005
Margin of Error Value: 937,186

Confidence Interval Values (5)

State Lower Limit: 17,806,532 (State Test Value minus Margin of Error Percent)
State Upper Limit: 19,680,904 (State Test Value plus Margin of Error Percent)
Local Test Value: 22,252,559 (Outside Confidence Interval)
Value Assigned (6): 25,138,767 (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