taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
138/Knox
138-903/Munday ISD

Category Summary

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

Stratum
Variance
A 4,651,320 0.7263 6,404,131 11 248 .118992026
A 4,482,370 1.0052 4,459,182 16 137 .040957008
A 4,938,200 0.9838 5,019,516 17 100 .016410542
A 5,626,800 1.0108 5,566,680 16 72 .007644840
E 8,104,960 1.0153 7,982,823 23 238 .126385213
L1 1,529,990 0.9435 1,621,611 8 40 .087756393
Random Totals: 29,333,640   31,053,943 91 835  
Catg J Exception Values: 6,107,984   5,806,465      
Catg D1 Exception Values: 16,607,100   17,610,931      
Catg L1 Exception Values: 1,475,780   1,441,339      
Total Test Values (4): 53,524,504   55,912,678      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,795,633

Confidence Interval Values (5)

State Lower Limit: 53,117,045 (State Test Value minus Margin of Error Percent)
Local Test Value: 53,524,504 (Within Confidence Interval)
State Upper Limit: 58,708,311 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 59,699,595 (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