taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
001/Anderson
001-903/Elkhart ISD

Category Summary

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

Stratum
Variance
A 20,620,087 0.9081 22,706,846 13 473 .020245000
A 20,728,105 0.9916 20,903,696 12 254 .019043120
A 20,756,896 0.9971 20,817,266 11 163 .000963710
A 20,358,360 0.9701 20,985,837 10 103 .004150164
E 134,915,160 0.8550 157,795,509 15 2,032 .114953365
G1 12,232,823 1.0082 12,133,330 8 37 .034395267
Random Totals: 229,611,431   255,342,484 69 3,062  
Catg J Exception Values: 8,599,532   8,751,021      
Catg D1 Exception Values: 7,957,570   8,452,882      
Catg G1 Exception Values: 14,211,245   13,811,120      
Total Test Values (4): 260,379,778   286,357,507      

Margin of Error

Margin of Error Percent: 9.6418845
Margin of Error Value: 27,610,260

Confidence Interval Values (5)

State Lower Limit: 258,747,247 (State Test Value minus Margin of Error Percent)
Local Test Value: 260,379,778 (Within Confidence Interval)
State Upper Limit: 313,967,767 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 259,814,465 (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