taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
176/Newton
176-902/Newton ISD

Category Summary

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

Stratum
Variance
A 25,720,426 0.8662 29,693,403 12 818 .023381091
A 24,543,879 1.0193 24,079,151 14 392 .013504283
A 26,345,224 1.0358 25,434,663 11 281 .023914538
A 25,382,502 0.9928 25,566,581 12 153 .001849735
E 70,662,463 1.0379 68,082,150 15 1,528 .018755984
G1 71,073,749 1.0134 70,133,954 14 49 .018451297
Random Totals: 243,728,243   242,989,902 78 3,221  
Catg D1 Exception Values: 34,513,174   32,401,268      
Total Test Values (4): 278,241,417   275,391,170      

Margin of Error

Margin of Error Percent: 5.0000002
Margin of Error Value: 13,769,559

Confidence Interval Values (5)

State Lower Limit: 261,621,611 (State Test Value minus Margin of Error Percent)
Local Test Value: 278,241,417 (Within Confidence Interval)
State Upper Limit: 289,160,729 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 282,691,516 (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