taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
198/Robertson
198-903/Franklin ISD

Category Summary

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

Stratum
Variance
A 39,387,919 0.8696 45,294,295 14 446 .019867007
A 37,636,521 0.8845 42,551,183 16 243 .018107231
A 37,159,048 0.9166 40,540,092 13 179 .011013292
A 34,574,785 0.9358 36,946,767 9 114 .004571109
E 155,911,403 0.7909 197,131,626 24 1,642 .031552436
G1 112,876,198 0.9557 118,108,400 11 357 .076836868
G1 114,612,404 0.9870 116,121,990 8 54 .031417155
G1 109,446,029 0.9934 110,173,172 8 21 .010026890
G1 110,559,118 0.9752 113,370,712 4 7 .003114054
Random Totals: 752,163,425   820,238,237 107 3,063  
Catg J Exception Values: 25,575,371   26,042,647      
Catg D1 Exception Values: 14,507,306   13,234,297      
Total Test Values (4): 792,246,102   859,515,181      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 42,975,759

Confidence Interval Values (5)

Local Test Value: 792,246,102 (Outside Confidence Interval)
State Lower Limit: 816,539,422 (State Test Value minus Margin of Error Percent)
State Upper Limit: 902,490,940 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,046,563,850 (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