taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
201/Rusk
201-904/Leveretts Chapel ISD

Category Summary

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

Stratum
Variance
A 3,536,260 1.0048 3,519,367 9 91 .015345945
A 3,411,400 1.0389 3,283,665 8 47 .041748090
A 3,561,170 0.9427 3,777,628 8 35 .008995023
A 3,494,690 1.0068 3,471,087 7 20 .003698350
E 4,487,410 0.9959 4,505,884 13 89 .007535447
G1 4,790,490 0.9974 4,802,978 7 19 .026538497
G1 4,448,140 1.0287 4,324,040 4 7 .021839207
G1 4,430,161 1.0681 4,147,702 2 3 .001631529
Random Totals: 32,159,721   31,832,351 58 311  
Catg J Exception Values: 1,620,520   1,571,518      
Catg D1 Exception Values: 555,860   505,786      
Catg G1 Exception Values: 8,950,290   8,958,932      
Total Test Values (4): 43,286,391   42,868,587      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,143,429

Confidence Interval Values (5)

State Lower Limit: 40,725,158 (State Test Value minus Margin of Error Percent)
Local Test Value: 43,286,391 (Within Confidence Interval)
State Upper Limit: 45,012,016 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 48,130,955 (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