taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
112/Hopkins
112-907/Miller Grove ISD

Category Summary

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

Stratum
Variance
A 2,999,790 1.0224 2,934,067 14 60 .023483166
A 2,692,650 0.9856 2,731,991 13 36 .018744166
A 2,620,250 0.9807 2,671,816 11 26 .012797977
A 2,440,250 0.9410 2,593,252 9 17 .028693374
E 39,392,840 0.8721 45,170,095 15 558 .081066084
Random Totals: 50,145,780   56,101,221 62 697  
Catg D1 Exception Values: 3,866,920   2,790,544      
Total Test Values (4): 54,012,700   58,891,765      

Margin of Error

Margin of Error Percent: 11.1416121
Margin of Error Value: 6,561,492

Confidence Interval Values (5)

State Lower Limit: 52,330,273 (State Test Value minus Margin of Error Percent)
Local Test Value: 54,012,700 (Within Confidence Interval)
State Upper Limit: 65,453,257 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 50,015,175 (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