taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
051/Cottle
051-901/Paducah ISD

Category Summary

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

Stratum
Variance
A 3,125,910 0.8354 3,741,812 10 218 .052522702
A 3,470,990 0.9734 3,565,841 9 135 .013029597
A 3,885,930 0.9080 4,279,659 12 100 .012959730
A 5,353,250 1.0053 5,325,027 8 64 .030740765
G1 12,259,190 0.9765 12,554,214 7 27 .073081820
G1 11,385,640 1.0060 11,317,734 4 7 .024034979
G1 11,995,720 0.9737 12,319,729 3 5 .140000257
G1 11,197,640 1.0385 10,782,513 2 3 .002909639
Random Totals: 62,674,270   63,886,529 55 559  
Catg J Exception Values: 6,091,330   5,820,765      
Catg D1 Exception Values: 34,859,350   36,546,755      
Total Test Values (4): 103,624,950   106,254,049      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,312,702

Confidence Interval Values (5)

State Lower Limit: 100,941,347 (State Test Value minus Margin of Error Percent)
Local Test Value: 103,624,950 (Within Confidence Interval)
State Upper Limit: 111,566,751 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 161,528,839 (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