taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
107/Henderson
001-904/Frankston ISD

Category Summary

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

Stratum
Variance
A 16,606,470 1.0169 16,330,485 15 251 .058477160
A 16,435,700 0.9225 17,816,477 15 123 .028953853
A 17,613,160 0.9225 19,092,856 15 90 .014115847
A 17,389,770 1.0599 16,406,991 13 48 .039450918
C1 1,536,490 0.7717 1,991,046 8 260 .161187697
C1 1,453,770 1.0459 1,389,970 8 68 .107399986
C1 1,435,350 0.8600 1,669,012 9 27 .041532275
C1 1,637,710 0.9428 1,737,070 5 15 .009752703
E 16,597,860 0.9348 17,755,520 14 161 .128987454
Random Totals: 90,706,280   94,189,427 102 1,043  
Catg D1 Exception Values: 908,520   921,697      
Catg G1 Exception Values: 7,717,096   7,850,258      
Total Test Values (4): 99,331,896   102,961,382      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,148,069

Confidence Interval Values (5)

State Lower Limit: 97,813,313 (State Test Value minus Margin of Error Percent)
Local Test Value: 99,331,896 (Within Confidence Interval)
State Upper Limit: 108,109,451 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 88,926,821 (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