taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
148/Lipscomb
148-902/Follett ISD

Category Summary

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

Stratum
Variance
G1 49,501,073 0.9595 51,590,488 12 143 .037188892
G1 49,403,841 1.0049 49,162,943 10 44 .045691631
G1 50,459,433 1.0183 49,552,620 8 22 .015731808
G1 45,962,850 0.9914 46,361,559 5 7 .081300055
Random Totals: 195,327,197   196,667,610 35 216  
Catg D1 Exception Values: 16,710,990   21,083,660      
Total Test Values (4): 212,038,187   217,751,270      

Margin of Error

Margin of Error Percent: 5.0453524
Margin of Error Value: 10,986,319

Confidence Interval Values (5)

State Lower Limit: 206,764,951 (State Test Value minus Margin of Error Percent)
Local Test Value: 212,038,187 (Within Confidence Interval)
State Upper Limit: 228,737,589 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 264,632,518 (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