taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
208/Scurry
208-901/Hermleigh ISD

Category Summary

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

Stratum
Variance
A 2,384,122 0.8869 2,688,152 10 71 .034404965
A 2,225,554 0.9565 2,326,768 7 27 .003159173
A 2,038,795 1.0049 2,028,854 6 15 .002670424
A 3,034,052 1.0144 2,990,982 6 14 .002676436
E 16,752,323 0.9380 17,859,619 14 247 .029213910
G1 16,342,954 1.0181 16,052,405 12 38 .070479670
Random Totals: 42,777,800   43,946,780 55 412  
Catg J Exception Values: 18,400,890   18,515,159      
Catg D1 Exception Values: 8,752,009   7,685,860      
Total Test Values (4): 69,930,699   70,147,799      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 3,507,390

Confidence Interval Values (5)

State Lower Limit: 66,640,409 (State Test Value minus Margin of Error Percent)
Local Test Value: 69,930,699 (Within Confidence Interval)
State Upper Limit: 73,655,189 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 115,051,582 (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