taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
001/Anderson
001-904/Frankston ISD

Category Summary

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

Stratum
Variance
A 15,569,212 0.9696 16,057,356 13 284 .034752509
A 15,169,448 0.9758 15,545,653 11 149 .007917080
A 15,833,552 0.9647 16,412,928 11 106 .062392314
A 14,767,490 0.9408 15,696,737 9 58 .010718839
E 61,812,069 0.9787 63,157,320 14 858 .015459573
F1 2,584,149 1.0472 2,467,675 8 52 .021384143
F1 2,086,975 0.8995 2,320,150 6 12 .015147778
F1 3,648,221 0.9230 3,952,569 6 10 .012912585
G1 5,345,313 0.9973 5,359,784 7 15 .001155030
Random Totals: 136,816,429   140,970,172 85 1,544  
Catg J Exception Values: 1,435,008   1,766,068      
Catg D1 Exception Values: 3,542,562   3,828,710      
Catg F1 Exception Values: 1,789,994   1,771,612      
Catg G1 Exception Values: 6,662,040   6,499,805      
Total Test Values (4): 150,246,033   154,836,367      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,741,818

Confidence Interval Values (5)

State Lower Limit: 147,094,549 (State Test Value minus Margin of Error Percent)
Local Test Value: 150,246,033 (Within Confidence Interval)
State Upper Limit: 162,578,185 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 163,225,593 (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