taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
014/Bell
014-908/Salado ISD

Category Summary

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

Stratum
Variance
A 108,204,150 0.9583 112,912,606 20 734 .012875213
A 120,062,105 0.9593 125,155,952 27 541 .003926013
A 121,900,044 1.0087 120,848,661 18 400 .009944666
A 135,651,891 1.0013 135,475,772 16 285 .001871869
E 123,385,034 0.9209 133,983,097 11 838 .013199915
F1 11,465,110 0.8508 13,475,682 9 79 .114450008
F1 13,180,043 0.9801 13,447,651 8 39 .005459823
F1 12,574,293 0.9307 13,510,576 6 18 .061606106
F1 10,951,188 0.9111 12,019,743 4 6 .009867139
Random Totals: 657,373,858   680,829,740 119 2,940  
Catg D1 Exception Values: 9,539,331   12,628,445      
Total Test Values (4): 666,913,189   693,458,185      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,672,909

Confidence Interval Values (5)

State Lower Limit: 658,785,276 (State Test Value minus Margin of Error Percent)
Local Test Value: 666,913,189 (Within Confidence Interval)
State Upper Limit: 728,131,094 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 694,491,697 (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