taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
107/Henderson
107-908/Murchison ISD

Category Summary

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

Stratum
Variance
A 4,328,440 0.8957 4,832,466 15 90 .040089286
A 4,567,820 0.9819 4,652,022 15 58 .030475915
A 4,364,100 0.9749 4,476,459 15 40 .016422049
A 4,475,240 0.9429 4,746,251 13 22 .052624277
E 8,323,930 0.9672 8,606,214 13 94 .013613529
F1 2,464,430 0.8633 2,854,662 11 27 .014030487
G1 2,302,607 0.9848 2,338,147 9 11 .183397299
Random Totals: 30,826,567   32,506,221 91 342  
Catg J Exception Values: 1,970,700   2,298,709      
Catg D1 Exception Values: 604,250   487,699      
Catg G1 Exception Values: 4,366,754   4,209,455      
Total Test Values (4): 37,768,271   39,502,084      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,975,104

Confidence Interval Values (5)

State Lower Limit: 37,526,980 (State Test Value minus Margin of Error Percent)
Local Test Value: 37,768,271 (Within Confidence Interval)
State Upper Limit: 41,477,188 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 39,472,170 (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