taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
185/Parmer
185-901/Bovina ISD

Category Summary

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

Stratum
Variance
A 5,154,306 0.9064 5,686,569 12 196 .066998157
A 5,163,565 0.8413 6,137,603 11 119 .043420256
A 5,139,862 0.8571 5,996,806 11 72 .020620164
A 5,021,952 0.8607 5,834,730 9 47 .027545990
E 10,138,515 0.9055 11,196,593 17 262 .016842876
Random Totals: 30,618,200   34,852,301 60 696  
Catg J Exception Values: 16,801,680   16,374,352      
Catg D1 Exception Values: 17,793,428   11,173,397      
Total Test Values (4): 65,213,308   62,400,050      

Margin of Error

Margin of Error Percent: 5.0000008
Margin of Error Value: 3,120,003

Confidence Interval Values (5)

State Lower Limit: 59,280,047 (State Test Value minus Margin of Error Percent)
Local Test Value: 65,213,308 (Within Confidence Interval)
State Upper Limit: 65,520,053 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 123,535,121 (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