taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
037/Cherokee
212-904/Troup ISD

Category Summary

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

Stratum
Variance
A 6,193,660 0.9437 6,563,166 9 112 .018378226
A 6,333,370 0.9462 6,693,479 9 57 .016426907
A 6,298,720 0.9848 6,395,938 8 38 .004415054
A 6,324,830 0.9391 6,734,991 7 27 .001547537
E 61,360,710 0.9671 63,448,154 13 722 .008415153
G1 10,290,298 1.0151 10,137,226 8 30 .006079575
G1 10,253,286 1.0027 10,225,677 3 5 .003378793
Random Totals: 107,054,874   110,198,631 57 991  
Catg J Exception Values: 5,671,724   5,955,036      
Catg D1 Exception Values: 3,482,410   3,654,430      
Catg G1 Exception Values: 16,644,749   16,603,208      
Total Test Values (4): 132,853,757   136,411,305      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,820,565

Confidence Interval Values (5)

State Lower Limit: 129,590,740 (State Test Value minus Margin of Error Percent)
Local Test Value: 132,853,757 (Within Confidence Interval)
State Upper Limit: 143,231,870 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 138,807,941 (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