taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
197/Roberts
197-902/Miami ISD

Category Summary

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

Stratum
Variance
G1 176,204,503 1.0046 175,397,674 11 365 .072769620
G1 176,817,906 1.0276 172,068,807 9 93 .003765795
G1 175,049,219 1.0237 170,996,600 8 33 .015755241
G1 172,791,973 1.0288 167,954,873 6 13 .009605747
Random Totals: 700,863,601   686,417,954 34 504  
Catg J Exception Values: 22,923,220   22,403,655      
Catg D1 Exception Values: 23,116,820   30,922,629      
Total Test Values (4): 746,903,641   739,744,238      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 36,987,212

Confidence Interval Values (5)

State Lower Limit: 702,757,026 (State Test Value minus Margin of Error Percent)
Local Test Value: 746,903,641 (Within Confidence Interval)
State Upper Limit: 776,731,450 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 915,242,646 (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