taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
145/Leon
145-906/Normangee ISD

Category Summary

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

Stratum
Variance
A 24,570,910 0.8664 28,359,776 9 334 .012750516
A 25,301,790 1.0292 24,583,939 10 205 .041673248
A 25,400,350 0.9729 26,107,873 13 149 .034725251
A 25,337,720 0.9961 25,436,924 10 100 .004582286
C1 3,993,870 1.1734 3,403,673 11 1,731 .242029572
C1 2,825,670 0.5410 5,223,050 11 746 .591884429
C1 3,705,050 0.8552 4,332,378 11 676 .122945210
C1 2,741,210 0.8983 3,051,553 12 233 .127654697
E 55,886,800 0.9805 56,998,266 8 720 .006494014
Random Totals: 169,763,370   177,497,432 95 4,894  
Catg J Exception Values: 2,545,260   2,641,067      
Catg D1 Exception Values: 3,881,270   3,077,911      
Total Test Values (4): 176,189,900   183,216,410      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,160,820

Confidence Interval Values (5)

State Lower Limit: 174,055,590 (State Test Value minus Margin of Error Percent)
Local Test Value: 176,189,900 (Within Confidence Interval)
State Upper Limit: 192,377,230 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 243,249,412 (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