taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
176/Newton
176-901/Burkeville ISD

Category Summary

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

Stratum
Variance
A 23,335,610 0.9720 24,007,829 12 492 .065327318
A 24,803,794 1.0238 24,227,187 10 262 .005447657
A 24,817,821 1.0111 24,545,367 13 176 .005053425
A 24,972,957 0.9813 25,448,851 9 106 .002332796
G1 15,317,281 1.0046 15,247,144 8 19 .025561704
G1 18,755,370 1.0436 17,971,800 3 5 .000435224
Random Totals: 132,002,833   131,448,178 55 1,060  
Catg D1 Exception Values: 28,997,419   27,502,684      
Catg G1 Exception Values: 42,312,910   41,078,704      
Total Test Values (4): 203,313,162   200,029,566      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,001,478

Confidence Interval Values (5)

State Lower Limit: 190,028,088 (State Test Value minus Margin of Error Percent)
Local Test Value: 203,313,162 (Within Confidence Interval)
State Upper Limit: 210,031,044 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 240,549,548 (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