taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
163/Medina
163-908/Medina Valley ISD

Category Summary

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

Stratum
Variance
A 151,783,252 0.9606 158,008,799 15 1,920 .015028287
A 156,159,489 0.9711 160,806,806 15 958 .007034454
A 168,171,417 0.9914 169,630,237 16 721 .000994475
A 171,093,632 0.9930 172,299,730 23 489 .006946885
C1 18,668,220 0.9146 20,411,349 10 767 .166613491
C1 20,691,820 1.0570 19,575,989 19 458 .083160396
C1 15,774,570 0.9831 16,045,743 5 268 .008857643
C1 23,474,950 1.0296 22,800,068 5 157 .008613335
E 104,992,098 1.0039 104,584,220 15 933 .020479939
F1 12,762,840 0.9124 13,988,207 9 93 .004394609
F1 13,551,260 0.9487 14,284,031 8 41 .005433547
F1 11,965,270 0.9768 12,249,457 7 21 .010837927
F1 12,770,720 0.9885 12,919,292 5 10 .012246922
Random Totals: 881,859,538   897,603,928 152 6,836  
Catg D1 Exception Values: 18,311,182   19,187,242      
Total Test Values (4): 900,170,720   916,791,170      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 45,839,559

Confidence Interval Values (5)

State Lower Limit: 870,951,611 (State Test Value minus Margin of Error Percent)
Local Test Value: 900,170,720 (Within Confidence Interval)
State Upper Limit: 962,630,729 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 920,591,091 (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