taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
072/Erath
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
E 9,829,810 0.9722 10,110,893 8 75 .015965359
Random Totals: 9,829,810   10,110,893 8 75  
Catg J Exception Values: 5,116,050   6,242,564      
Catg D1 Exception Values: 2,010,880   1,508,708      
Total Test Values (4): 16,956,740   17,862,165      

Margin of Error

Margin of Error Percent: 5.6405145
Margin of Error Value: 1,007,518

Confidence Interval Values (5)

State Lower Limit: 16,854,647 (State Test Value minus Margin of Error Percent)
Local Test Value: 16,956,740 (Within Confidence Interval)
State Upper Limit: 18,869,683 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 27,191,830 (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