taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
129/Kaufman
234-907/Wills Point ISD

Category Summary

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

Stratum
Variance
A 14,343,724 0.9071 15,812,726 8 315 .028317449
A 14,221,170 0.9638 14,755,312 9 158 .026423458
A 14,934,330 0.9886 15,106,545 10 100 .006240506
A 15,421,610 0.9922 15,542,844 8 49 .009528907
C1 6,586,790 1.1040 5,966,295 10 267 .320325112
C1 1,005,840 0.8491 1,184,595 7 21 .036214045
E 41,125,428 0.9267 44,378,362 13 567 .023189977
Random Totals: 107,638,892   112,746,679 65 1,477  
Catg J Exception Values: 4,767,189   4,819,453      
Catg D1 Exception Values: 2,991,030   2,928,171      
Total Test Values (4): 115,397,111   120,494,303      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,024,715

Confidence Interval Values (5)

State Lower Limit: 114,469,588 (State Test Value minus Margin of Error Percent)
Local Test Value: 115,397,111 (Within Confidence Interval)
State Upper Limit: 126,519,018 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 115,420,340 (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