taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
125/Jim Wells
125-903/Orange Grove ISD

Category Summary

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

Stratum
Variance
A 11,410,274 0.7912 14,421,479 15 269 .029733469
A 11,365,018 0.8939 12,713,970 15 125 .024149343
A 11,299,240 0.9323 12,119,747 15 82 .007985290
A 11,499,424 0.9600 11,978,567 15 47 .002671386
E 170,415,194 0.9111 187,043,348 15 3,945 .025609894
Random Totals: 215,989,150   238,277,111 75 4,468  
Catg J Exception Values: 1,398,160   1,592,188      
Catg D1 Exception Values: 9,408,503   11,152,242      
Total Test Values (4): 226,795,813   251,021,541      

Margin of Error

Margin of Error Percent: 6.1511964
Margin of Error Value: 15,440,828

Confidence Interval Values (5)

Local Test Value: 226,795,813 (Outside Confidence Interval)
State Lower Limit: 235,580,713 (State Test Value minus Margin of Error Percent)
State Upper Limit: 266,462,369 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 266,460,881 (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