taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
037/Cherokee
201-913/Carlisle ISD

Category Summary

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

Stratum
Variance
A 1,808,720 0.9298 1,945,279 7 30 .019550884
A 1,744,960 0.9652 1,807,874 6 15 .006342672
A 1,545,910 0.9248 1,671,615 5 10 .011830614
A 1,696,190 0.9397 1,805,034 4 7 .020466238
E 13,082,920 0.9661 13,541,994 12 250 .008818343
G1 1,649,626 0.9975 1,653,760 7 21 .010680383
Random Totals: 21,528,326   22,425,556 41 333  
Catg J Exception Values: 1,113,201   1,329,468      
Catg D1 Exception Values: 1,578,060   1,670,267      
Catg G1 Exception Values: 498,867   470,148      
Total Test Values (4): 24,718,454   25,895,439      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,294,771

Confidence Interval Values (5)

State Lower Limit: 24,600,668 (State Test Value minus Margin of Error Percent)
Local Test Value: 24,718,454 (Within Confidence Interval)
State Upper Limit: 27,190,210 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 37,417,184 (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