taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
226/Tom Green
226-908/Veribest ISD

Category Summary

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

Stratum
Variance
A 5,229,630 0.8755 5,973,307 9 66 .031869883
A 7,597,710 0.8943 8,495,706 10 69 .012886524
A 8,606,790 0.9339 9,215,965 8 59 .013485691
A 8,252,020 0.9617 8,580,659 8 40 .026497322
E 19,324,930 0.9543 20,250,372 18 230 .053905412
L1 2,965,090 0.9933 2,985,090 6 21 .002287736
L1 4,241,830 1.0273 4,129,105 2 4 .000296863
Random Totals: 56,218,000   59,630,204 61 489  
Catg J Exception Values: 1,027,980   1,121,704      
Catg D1 Exception Values: 15,379,640   18,501,646      
Catg L1 Exception Values: 7,249,550   7,227,289      
Total Test Values (4): 79,875,170   86,480,843      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,324,042

Confidence Interval Values (5)

Local Test Value: 79,875,170 (Outside Confidence Interval)
State Lower Limit: 82,156,801 (State Test Value minus Margin of Error Percent)
State Upper Limit: 90,804,885 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 109,367,368 (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