taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
185/Parmer
185-902/Farwell ISD

Category Summary

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

Stratum
Variance
A 6,809,375 0.9639 7,064,400 11 169 .028117782
A 7,619,627 1.0113 7,534,487 12 110 .006666261
A 8,097,731 1.0206 7,934,285 10 82 .022467129
A 10,228,522 1.1071 9,239,023 10 71 .004255938
E 24,878,277 0.9469 26,273,394 14 370 .030446158
L1 1,437,609 0.9969 1,442,079 8 43 .000070478
L1 1,092,196 0.9643 1,132,631 5 7 .007164329
Random Totals: 60,163,337   60,620,299 70 852  
Catg J Exception Values: 15,653,240   15,255,755      
Catg D1 Exception Values: 20,650,552   14,659,813      
Catg L1 Exception Values: 1,281,941   1,250,573      
Total Test Values (4): 97,749,070   91,786,440      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,589,322

Confidence Interval Values (5)

State Lower Limit: 87,197,118 (State Test Value minus Margin of Error Percent)
State Upper Limit: 96,375,762 (State Test Value plus Margin of Error Percent)
Local Test Value: 97,749,070 (Outside Confidence Interval)
Value Assigned (6): 146,257,715 (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