taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
037/Cherokee
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 41,829,500 0.9587 43,631,480 11 482 .009885049
A 42,866,890 1.0158 42,200,128 9 184 .006054728
A 46,587,620 0.9323 49,970,632 10 152 .011567084
A 47,627,100 0.9349 50,943,523 9 88 .026639524
C1 3,684,650 0.9544 3,860,698 10 1,645 .053897206
C1 5,657,850 0.8563 6,607,322 11 254 .116140341
C1 5,480,170 0.9149 5,989,911 9 69 .021075362
C1 5,368,810 1.0809 4,966,981 7 32 .046742456
E 58,761,460 0.8895 66,061,225 16 458 .287901317
Random Totals: 257,864,050   274,231,900 92 3,364  
Catg D1 Exception Values: 2,225,940   2,319,116      
Total Test Values (4): 260,089,990   276,551,016      

Margin of Error

Margin of Error Percent: 6.7677470
Margin of Error Value: 18,716,273

Confidence Interval Values (5)

State Lower Limit: 257,834,743 (State Test Value minus Margin of Error Percent)
Local Test Value: 260,089,990 (Within Confidence Interval)
State Upper Limit: 295,267,289 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 273,609,191 (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