taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
123/Jefferson
123-905/Nederland ISD

Category Summary

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

Stratum
Variance
A 258,838,356 0.9848 262,833,424 81 3,135 .045101326
A 260,070,870 0.9735 267,150,354 75 2,180 .040752483
A 260,638,740 0.9670 269,533,340 68 1,566 .016842691
A 287,974,840 0.9505 302,971,952 45 1,092 .015335293
F1 60,148,640 0.9661 62,259,228 11 330 .100827133
F1 64,439,860 0.9694 66,473,963 10 118 .017419372
F1 52,876,850 1.0244 51,617,386 8 36 .004086992
F1 45,445,430 0.9750 46,610,697 6 12 .054354490
L1 43,997,090 1.0324 42,616,321 10 457 .010608127
L1 33,713,040 1.0293 32,753,366 8 43 .007109606
L1 46,624,670 0.9981 46,713,426 6 18 .000481121
L1 23,961,970 1.0180 23,538,281 2 4 .000635964
Random Totals: 1,438,730,356   1,475,071,738 330 8,991  
Catg D1 Exception Values: 70,370   52,332      
Total Test Values (4): 1,438,800,726   1,475,124,070      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 73,756,204

Confidence Interval Values (5)

State Lower Limit: 1,401,367,866 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,438,800,726 (Within Confidence Interval)
State Upper Limit: 1,548,880,274 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,125,171,208 (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