taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
077/Floyd
077-902/Lockney ISD

Category Summary

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

Stratum
Variance
A 6,134,410 0.9840 6,234,157 15 272 .078168372
A 6,430,990 0.9233 6,965,223 15 151 .008352912
A 6,238,980 0.9477 6,583,286 16 88 .012160457
A 6,123,310 0.9396 6,516,933 15 48 .025888484
E 11,462,800 0.9076 12,629,793 19 328 .031393410
Random Totals: 36,390,490   38,929,392 80 887  
Catg J Exception Values: 5,885,140   5,844,180      
Catg D1 Exception Values: 43,660,020   36,011,347      
Total Test Values (4): 85,935,650   80,784,919      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,039,245

Confidence Interval Values (5)

State Lower Limit: 76,745,674 (State Test Value minus Margin of Error Percent)
State Upper Limit: 84,824,164 (State Test Value plus Margin of Error Percent)
Local Test Value: 85,935,650 (Outside Confidence Interval)
Value Assigned (6): 106,003,963 (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