taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
110/Hockley
040-902/Whiteface-Bledsoe CISD

Category Summary

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

Stratum
Variance
G1 64,588,016 1.0804 59,781,577 10 37 .019363471
Random Totals: 64,588,016   59,781,577 10 37  
Catg D1 Exception Values: 9,261,705   5,219,676      
Catg G1 Exception Values: 47,607,231   47,220,283      
Total Test Values (4): 121,456,952   112,221,536      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,611,076

Confidence Interval Values (5)

State Lower Limit: 106,610,460 (State Test Value minus Margin of Error Percent)
State Upper Limit: 117,832,612 (State Test Value plus Margin of Error Percent)
Local Test Value: 121,456,952 (Outside Confidence Interval)
Value Assigned (6): 131,606,265 (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