taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
110/Hockley
110-908/Whitharral ISD

Category Summary

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

Stratum
Variance
A 2,723,650 0.9576 2,844,246 9 71 .010918641
A 3,029,030 0.9141 3,313,675 8 38 .037147728
A 3,176,200 0.9924 3,200,524 7 24 .002462018
A 3,295,580 0.9491 3,472,321 6 13 .012377483
G1 23,008,681 0.9593 23,984,865 8 43 .003518128
Random Totals: 35,233,141   36,815,631 38 189  
Catg J Exception Values: 356,480   351,086      
Catg D1 Exception Values: 19,477,365   10,957,371      
Total Test Values (4): 55,066,986   48,124,088      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,406,204

Confidence Interval Values (5)

State Lower Limit: 45,717,884 (State Test Value minus Margin of Error Percent)
State Upper Limit: 50,530,292 (State Test Value plus Margin of Error Percent)
Local Test Value: 55,066,986 (Outside Confidence Interval)
Value Assigned (6): 59,689,518 (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