taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
153/Lynn
153-905/New Home ISD

Category Summary

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

Stratum
Variance
A 2,969,750 0.9077 3,271,731 8 49 .021759036
A 3,331,930 0.9611 3,466,788 7 23 .004119185
A 3,474,740 0.9692 3,585,163 8 15 .012086761
A 3,109,240 0.8985 3,460,479 5 9 .044637140
E 22,505,530 0.9372 24,013,583 14 223 .026087551
Random Totals: 35,391,190   37,797,744 42 319  
Catg J Exception Values: 16,360   16,600      
Catg D1 Exception Values: 22,201,880   21,907,796      
Total Test Values (4): 57,609,430   59,722,140      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,986,107

Confidence Interval Values (5)

State Lower Limit: 56,736,033 (State Test Value minus Margin of Error Percent)
Local Test Value: 57,609,430 (Within Confidence Interval)
State Upper Limit: 62,708,247 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 60,693,543 (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