taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
037/Cherokee
037-901/Alto ISD

Category Summary

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

Stratum
Variance
A 7,199,050 0.9547 7,540,641 10 298 .005208108
A 7,611,650 1.0457 7,279,000 9 159 .016517092
A 7,326,170 0.8931 8,203,079 9 98 .015828565
A 7,344,870 0.9723 7,554,119 9 60 .007474918
E 52,061,830 0.9772 53,276,535 16 994 .008510562
G1 3,920,751 0.9737 4,026,652 12 80 .027784212
G1 3,899,613 1.0460 3,728,120 12 33 .038111092
G1 3,940,659 0.9625 4,094,191 8 18 .024287274
G1 3,843,432 0.9874 3,892,477 4 7 .004089702
Random Totals: 97,148,025   99,594,814 89 1,747  
Catg J Exception Values: 1,781,320   2,238,692      
Catg D1 Exception Values: 12,113,063   12,927,182      
Total Test Values (4): 111,042,408   114,760,688      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,738,034

Confidence Interval Values (5)

State Lower Limit: 109,022,654 (State Test Value minus Margin of Error Percent)
Local Test Value: 111,042,408 (Within Confidence Interval)
State Upper Limit: 120,498,722 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 125,087,494 (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