taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
138/Knox
138-903/Munday ISD

Category Summary

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

Stratum
Variance
A 3,843,080 0.8428 4,559,896 15 234 .085722818
A 4,600,750 0.8192 5,616,150 16 156 .093899982
A 4,446,620 0.7887 5,637,910 15 100 .065649631
A 5,688,070 0.8738 6,509,579 16 76 .026962079
E 8,195,380 0.8748 9,368,290 20 243 .040547296
L1 1,259,590 0.9783 1,287,529 8 34 .013457933
L1 1,292,200 0.9754 1,324,790 4 8 .001463420
L1 1,718,920 1.0051 1,710,198 3 4 .000024631
Random Totals: 31,044,610   36,014,342 97 855  
Catg J Exception Values: 584,090   619,646      
Catg D1 Exception Values: 16,614,800   15,495,243      
Catg L1 Exception Values: 1,050,980   1,099,754      
Total Test Values (4): 49,294,480   53,228,985      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,661,449

Confidence Interval Values (5)

Local Test Value: 49,294,480 (Outside Confidence Interval)
State Lower Limit: 50,567,536 (State Test Value minus Margin of Error Percent)
State Upper Limit: 55,890,434 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 62,553,084 (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