taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
096/Hall
096-904/Memphis ISD

Category Summary

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

Stratum
Variance
A 8,085,610 0.8583 9,420,494 9 448 .086233605
A 8,589,790 0.9964 8,620,825 10 235 .105323315
A 9,199,570 0.9998 9,201,410 9 168 .010445012
A 8,911,280 1.0036 8,879,314 9 88 .003194075
E 8,904,280 0.9444 9,428,505 14 204 .089028852
F1 2,792,300 0.7754 3,601,109 9 98 .157959697
F1 4,233,540 0.9952 4,253,959 8 33 .017952060
F1 1,791,350 1.0133 1,767,838 4 5 .009972658
Random Totals: 52,507,720   55,173,454 72 1,279  
Catg J Exception Values: 10,067,170   10,088,529      
Catg D1 Exception Values: 38,785,390   34,206,089      
Catg F1 Exception Values: 2,574,360   2,369,955      
Total Test Values (4): 103,934,640   101,838,027      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,091,901

Confidence Interval Values (5)

State Lower Limit: 96,746,126 (State Test Value minus Margin of Error Percent)
Local Test Value: 103,934,640 (Within Confidence Interval)
State Upper Limit: 106,929,928 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 150,378,785 (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