taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
116/Hunt
116-901/Caddo Mills ISD

Category Summary

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

Stratum
Variance
A 31,011,690 1.0065 30,811,416 7 407 .017799615
A 27,059,090 0.9737 27,789,966 7 183 .004627384
A 35,050,328 0.9472 37,004,147 7 186 .004754312
A 48,666,587 0.9176 53,036,821 8 182 .014433927
E 139,514,071 0.9479 147,182,267 35 1,693 .022016940
F1 6,458,520 0.9363 6,897,917 8 50 .034035607
F1 7,270,530 1.0342 7,030,101 10 24 .064444339
F1 8,749,580 1.0084 8,676,696 5 14 .000895439
F1 5,995,670 0.9587 6,253,958 3 5 .011335441
L1 4,769,403 1.0705 4,455,304 9 80 .016699721
L1 3,782,292 1.0346 3,655,801 8 17 .011619210
L1 4,292,202 0.9553 4,493,041 5 9 .064329933
Random Totals: 322,619,963   337,287,435 112 2,850  
Catg J Exception Values: 258,015   269,041      
Catg D1 Exception Values: 3,417,752   3,647,895      
Catg L1 Exception Values: 3,310,640   2,898,482      
Total Test Values (4): 329,606,370   344,102,853      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,205,142

Confidence Interval Values (5)

State Lower Limit: 326,897,711 (State Test Value minus Margin of Error Percent)
Local Test Value: 329,606,370 (Within Confidence Interval)
State Upper Limit: 361,307,995 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 365,291,498 (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