taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
105/Hays
105-904/Dripping Springs ISD

Category Summary

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

Stratum
Variance
A 492,988,613 0.9373 525,966,727 60 2,029 .010509799
A 619,468,380 0.9743 635,808,663 100 1,886 .005377799
A 711,975,573 0.9807 725,987,125 100 1,795 .003429856
A 1,015,348,935 0.9699 1,046,859,403 100 1,899 .005481858
E 379,607,147 1.0355 366,593,092 21 1,603 .052393519
F1 44,837,755 0.9967 44,986,209 9 142 .000121103
F1 42,694,182 0.9494 44,969,646 9 69 .026479116
F1 53,090,641 0.9958 53,314,562 8 48 .000081195
F1 45,131,502 0.9903 45,573,566 6 14 .000422094
Random Totals: 3,405,142,728   3,490,058,993 413 9,485  
Catg D1 Exception Values: 6,410,711   6,348,658      
Total Test Values (4): 3,411,553,439   3,496,407,651      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 174,820,382

Confidence Interval Values (5)

State Lower Limit: 3,321,587,269 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,411,553,439 (Within Confidence Interval)
State Upper Limit: 3,671,228,033 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,490,238,523 (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