taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
034/Cass
034-903/Hughes Springs ISD

Category Summary

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

Stratum
Variance
A 10,710,820 0.9734 11,003,513 8 218 .026981916
A 11,906,400 1.0203 11,669,509 10 176 .016691114
A 13,513,900 0.9848 13,722,482 9 147 .016383115
A 12,680,120 0.9940 12,756,660 8 78 .028761355
E 85,894,066 1.0347 83,013,498 12 1,396 .037149721
F1 2,632,980 1.0327 2,549,608 8 54 .009322970
F1 2,661,370 0.9121 2,917,849 7 25 .012583781
F1 2,755,350 0.9995 2,756,728 6 14 .004329765
F1 3,707,770 0.9022 4,109,699 3 7 .043987147
Random Totals: 146,462,776   144,499,546 71 2,115  
Catg J Exception Values: 209,625   228,961      
Catg D1 Exception Values: 6,946,618   7,177,540      
Total Test Values (4): 153,619,019   151,906,047      

Margin of Error

Margin of Error Percent: 6.2666610
Margin of Error Value: 9,519,437

Confidence Interval Values (5)

State Lower Limit: 142,386,610 (State Test Value minus Margin of Error Percent)
Local Test Value: 153,619,019 (Within Confidence Interval)
State Upper Limit: 161,425,484 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 219,443,246 (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