taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
083/Gaines
083-903/Seminole ISD

Category Summary

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

Stratum
Variance
G1 401,135,237 1.0401 385,669,875 9 92 .002560916
G1 438,596,688 1.0482 418,428,437 6 13 .001840751
G1 383,495,787 1.0044 381,815,797 2 3 .000368882
Random Totals: 1,223,227,712   1,185,914,109 17 108  
Catg D1 Exception Values: 85,624,481   49,301,367      
Catg G1 Exception Values: 1,088,505,661   1,049,754,531      
Total Test Values (4): 2,397,357,854   2,284,970,007      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 114,248,500

Confidence Interval Values (5)

State Lower Limit: 2,170,721,507 (State Test Value minus Margin of Error Percent)
Local Test Value: 2,397,357,854 (Within Confidence Interval)
State Upper Limit: 2,399,218,507 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,717,203,982 (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