taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
077/Floyd
077-901/Floydada ISD

Category Summary

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

Stratum
Variance
A 11,041,790 1.0458 10,558,223 15 537 .013761526
A 11,561,300 0.9242 12,509,522 15 270 .022535226
A 12,115,000 0.8563 14,148,079 15 165 .041895945
A 10,845,520 0.9244 11,732,497 15 88 .009047021
E 17,765,910 0.8136 21,836,173 19 498 .128083154
Random Totals: 63,329,520   70,784,494 79 1,558  
Catg J Exception Values: 15,730,555   15,509,119      
Catg D1 Exception Values: 75,707,950   59,292,599      
Total Test Values (4): 154,768,025   145,586,212      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,279,310

Confidence Interval Values (5)

State Lower Limit: 138,306,902 (State Test Value minus Margin of Error Percent)
State Upper Limit: 152,865,522 (State Test Value plus Margin of Error Percent)
Local Test Value: 154,768,025 (Outside Confidence Interval)
Value Assigned (6): 268,662,053 (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