taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
059/Deaf Smith
059-901/Hereford ISD

Category Summary

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

Stratum
Variance
A 76,623,500 0.9529 80,410,851 23 1,750 .045504200
A 76,620,300 1.0025 76,429,227 28 1,007 .004358384
A 76,713,377 1.0052 76,316,531 29 732 .004355426
A 79,755,422 0.9518 83,794,308 25 440 .057736694
E 72,815,576 1.0362 70,271,739 15 900 .019675409
F1 26,579,600 1.0230 25,982,014 10 249 .011934596
F1 27,887,100 1.0371 26,889,500 11 104 .008139299
F1 28,176,300 1.0228 27,548,201 8 51 .006973692
F1 28,969,500 0.9501 30,491,001 8 15 .006779238
L1 35,278,300 1.0400 33,921,442 10 269 .012787099
L1 28,274,400 0.9952 28,410,772 9 47 .012381730
L1 37,807,300 1.0109 37,399,644 8 21 .001915930
L1 28,085,900 0.9782 28,711,818 3 6 .002077635
Random Totals: 623,586,575   626,577,048 187 5,591  
Catg J Exception Values: 17,138,770   15,730,911      
Catg D1 Exception Values: 45,336,518   33,380,773      
Total Test Values (4): 686,061,863   675,688,732      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 33,784,436

Confidence Interval Values (5)

State Lower Limit: 641,904,296 (State Test Value minus Margin of Error Percent)
Local Test Value: 686,061,863 (Within Confidence Interval)
State Upper Limit: 709,473,168 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,356,590,773 (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