taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
167/Mills
167-902/Mullin ISD

Category Summary

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

Stratum
Variance
A 934,060 0.8569 1,090,046 8 41 .077442386
A 1,009,290 1.0082 1,001,081 7 25 .010133173
A 1,067,410 0.8129 1,313,089 6 17 .024291043
A 944,100 0.9002 1,048,767 4 8 .003519990
E 39,888,660 0.8770 45,483,079 9 604 .018340682
Random Totals: 43,843,520   49,936,062 34 695  
Catg J Exception Values: 328,590   281,535      
Catg D1 Exception Values: 13,499,100   13,073,162      
Total Test Values (4): 57,671,210   63,290,759      

Margin of Error

Margin of Error Percent: 6.5967782
Margin of Error Value: 4,175,151

Confidence Interval Values (5)

Local Test Value: 57,671,210 (Outside Confidence Interval)
State Lower Limit: 59,115,608 (State Test Value minus Margin of Error Percent)
State Upper Limit: 67,465,910 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 74,099,502 (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