taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
148/Lipscomb
148-903/Higgins ISD

Category Summary

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

Stratum
Variance
G1 93,308,881 0.9752 95,681,789 15 148 .043353031
G1 91,112,271 1.0366 87,895,303 15 45 .028800780
G1 93,256,796 1.0010 93,163,632 14 22 .007959979
G1 90,658,142 1.0373 87,398,190 9 12 .049814811
Random Totals: 368,336,090   364,138,914 53 227  
Catg J Exception Values: 14,030,700   13,697,426      
Catg D1 Exception Values: 7,977,560   8,633,203      
Total Test Values (4): 390,344,350   386,469,543      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,323,477

Confidence Interval Values (5)

State Lower Limit: 367,146,066 (State Test Value minus Margin of Error Percent)
Local Test Value: 390,344,350 (Within Confidence Interval)
State Upper Limit: 405,793,020 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 481,537,390 (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