taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
151/Loving
248-902/Wink-Loving ISD

Category Summary

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

Stratum
Variance
G1 177,849,713 1.0156 175,117,874 14 158 .037858538
G1 176,511,903 0.9945 177,488,087 11 53 .012776416
G1 177,070,177 0.9888 179,075,826 9 29 .016288917
G1 175,830,320 1.0534 166,916,955 7 15 .021497503
Random Totals: 707,262,113   698,598,742 41 255  
Catg J Exception Values: 9,927,980   10,154,524      
Catg D1 Exception Values: 760,600   828,298      
Total Test Values (4): 717,950,693   709,581,564      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 35,479,078

Confidence Interval Values (5)

State Lower Limit: 674,102,486 (State Test Value minus Margin of Error Percent)
Local Test Value: 717,950,693 (Within Confidence Interval)
State Upper Limit: 745,060,642 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 926,410,434 (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