taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
244/Wilbarger
244-903/Vernon ISD

Category Summary

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

Stratum
Variance
A 47,828,200 0.9339 51,213,406 26 1,527 .060346689
A 47,940,860 0.9769 49,074,480 15 833 .033487463
A 47,696,390 0.9171 52,007,840 16 510 .015677872
A 48,357,850 0.9842 49,134,170 15 294 .009432568
E 54,657,520 0.7798 70,091,716 15 919 .035532762
F1 13,767,570 0.9451 14,567,316 15 245 .018762387
F1 13,294,200 0.9412 14,124,734 13 65 .013828647
F1 13,883,320 0.8491 16,350,630 9 19 .015718481
F1 15,881,590 0.8713 18,227,465 3 5 .032917295
G1 7,160,810 1.0083 7,101,865 8 37 .034570414
G1 7,323,140 0.9501 7,707,757 5 10 .058240702
G1 7,810,559 0.9799 7,970,772 3 5 .002734172
L1 6,392,020 1.0036 6,369,091 9 150 .001221928
L1 7,930,520 1.0185 7,786,470 8 48 .001058905
L1 7,228,830 0.9934 7,276,857 6 17 .002999242
L1 7,469,950 0.9765 7,649,718 2 4 .001671304
Random Totals: 354,623,329   386,654,287 168 4,688  
Catg J Exception Values: 26,634,035   26,556,402      
Catg D1 Exception Values: 25,779,190   31,946,771      
Catg G1 Exception Values: 5,096,460   4,859,342      
Total Test Values (4): 412,133,014   450,016,802      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,500,840

Confidence Interval Values (5)

Local Test Value: 412,133,014 (Outside Confidence Interval)
State Lower Limit: 427,515,962 (State Test Value minus Margin of Error Percent)
State Upper Limit: 472,517,642 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 812,342,859 (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