taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
034/Cass
034-906/McLeod ISD

Category Summary

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

Stratum
Variance
A 2,195,970 0.8288 2,649,578 7 73 .036561648
A 2,410,950 1.0663 2,261,043 8 38 .035893652
A 1,674,890 0.8663 1,933,383 7 18 .033346052
A 2,759,870 1.0397 2,654,487 7 19 .002639539
E 13,716,909 0.9900 13,855,464 11 298 .005581195
G1 1,077,793 0.9724 1,108,384 6 17 .007850126
G1 1,007,733 0.9764 1,032,090 4 6 .048676417
G1 2,016,391 1.0584 1,905,131 3 5 .000795359
Random Totals: 26,860,506   27,399,560 53 474  
Catg D1 Exception Values: 3,353,447   3,646,411      
Catg G1 Exception Values: 2,199,056   2,112,668      
Total Test Values (4): 32,413,009   33,158,639      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,657,931

Confidence Interval Values (5)

State Lower Limit: 31,500,708 (State Test Value minus Margin of Error Percent)
Local Test Value: 32,413,009 (Within Confidence Interval)
State Upper Limit: 34,816,570 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 27,739,870 (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