taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
140/Lamb
140-908/Sudan ISD

Category Summary

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

Stratum
Variance
A 3,092,130 0.6297 4,910,481 15 172 .074811844
A 2,978,420 0.7551 3,944,405 16 73 .026213723
A 2,884,570 0.8848 3,260,138 15 48 .025944002
A 3,743,810 0.9391 3,986,594 15 33 .032533886
Random Totals: 12,698,930   16,101,618 61 326  
Catg J Exception Values: 7,571,500   7,379,112      
Catg D1 Exception Values: 14,743,309   15,355,876      
Total Test Values (4): 35,013,739   38,836,606      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,941,830

Confidence Interval Values (5)

Local Test Value: 35,013,739 (Outside Confidence Interval)
State Lower Limit: 36,894,776 (State Test Value minus Margin of Error Percent)
State Upper Limit: 40,778,436 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 356,281,100 (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