taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
230/Upshur
230-903/Ore City ISD

Category Summary

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

Stratum
Variance
A 14,605,120 0.9131 15,995,094 15 355 .013295753
A 13,947,180 0.9138 15,262,837 15 186 .023150713
A 16,563,650 0.9319 17,774,064 15 150 .010863409
A 18,341,880 0.9123 20,105,097 17 111 .019599961
E 48,791,260 0.8876 54,969,874 15 785 .037898953
F1 2,073,990 0.9242 2,244,092 8 44 .015957610
F1 2,127,790 0.9803 2,170,550 6 16 .000613552
F1 2,495,470 0.9161 2,724,015 4 9 .000514373
F1 2,563,297 0.9560 2,681,273 2 4 .000098209
Random Totals: 121,509,637   133,926,896 97 1,660  
Catg D1 Exception Values: 3,912,490   3,516,204      
Total Test Values (4): 125,422,127   137,443,100      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,872,155

Confidence Interval Values (5)

Local Test Value: 125,422,127 (Outside Confidence Interval)
State Lower Limit: 130,570,945 (State Test Value minus Margin of Error Percent)
State Upper Limit: 144,315,255 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 126,556,115 (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