taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
077/Floyd
095-904/Petersburg ISD

Category Summary

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

Stratum
Variance
E 698,950 0.9107 767,487 8 23 .038136649
Random Totals: 698,950   767,487 8 23  
Catg J Exception Values: 683,290   677,873      
Catg D1 Exception Values: 5,967,010   5,083,035      
Total Test Values (4): 7,349,250   6,528,395      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 326,419

Confidence Interval Values (5)

State Lower Limit: 6,201,976 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,854,814 (State Test Value plus Margin of Error Percent)
Local Test Value: 7,349,250 (Outside Confidence Interval)
Value Assigned (6): 7,720,509 (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