taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
035/Castro
035-903/Nazareth ISD

Category Summary

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

Stratum
Variance
A 4,049,890 0.9828 4,120,767 9 65 .015507103
A 4,727,760 0.9019 5,242,000 10 42 .011025225
A 4,854,900 0.9637 5,037,771 8 27 .004728481
A 5,352,000 1.0152 5,271,868 6 19 .005029921
E 6,327,880 1.0250 6,173,541 13 117 .006513436
Random Totals: 25,312,430   25,845,947 46 270  
Catg J Exception Values: 680,290   670,000      
Catg D1 Exception Values: 9,140,130   10,177,188      
Total Test Values (4): 35,132,850   36,693,135      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,834,656

Confidence Interval Values (5)

State Lower Limit: 34,858,479 (State Test Value minus Margin of Error Percent)
Local Test Value: 35,132,850 (Within Confidence Interval)
State Upper Limit: 38,527,791 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 58,900,780 (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