taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
034/Cass
172-905/Pewitt ISD

Category Summary

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

Stratum
Variance
E 41,130,709 1.0002 41,122,485 12 854 .006246549
G1 1,038,134 0.9919 1,046,612 5 9 .065785836
Random Totals: 42,168,843   42,169,097 17 863  
Catg J Exception Values: 2,017,808   2,033,091      
Catg D1 Exception Values: 6,842,760   7,076,804      
Catg G1 Exception Values: 6,407,413   6,109,092      
Total Test Values (4): 57,436,824   57,388,084      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,869,404

Confidence Interval Values (5)

State Lower Limit: 54,518,680 (State Test Value minus Margin of Error Percent)
Local Test Value: 57,436,824 (Within Confidence Interval)
State Upper Limit: 60,257,488 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 78,618,106 (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