taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
014/Bell
246-902/Florence ISD

Category Summary

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

Stratum
Variance
A 2,912,032 1.0042 2,899,853 6 47 .150200416
A 3,612,390 0.8407 4,296,884 7 37 .017079923
A 4,218,455 1.0206 4,133,309 7 30 .018832944
A 5,233,843 1.0109 5,177,409 6 24 .007614088
E 40,362,302 0.9666 41,756,985 8 318 .019008408
Random Totals: 56,339,022   58,264,440 34 456  
Catg D1 Exception Values: 1,388,042   1,516,247      
Total Test Values (4): 57,727,064   59,780,687      

Margin of Error

Margin of Error Percent: 7.1099317
Margin of Error Value: 4,250,366

Confidence Interval Values (5)

State Lower Limit: 55,530,321 (State Test Value minus Margin of Error Percent)
Local Test Value: 57,727,064 (Within Confidence Interval)
State Upper Limit: 64,031,053 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 53,326,616 (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