taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
212/Smith
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 126,009,505 0.9698 129,933,497 40 1,013 .006656634
A 130,188,882 1.0042 129,644,376 52 632 .004437603
A 133,916,364 1.0103 132,551,088 30 435 .003474818
A 138,794,050 1.0177 136,380,122 18 272 .009087300
E 62,123,567 1.0175 61,055,103 11 435 .013132520
Random Totals: 591,032,368   589,564,186 151 2,787  
Catg D1 Exception Values: 1,759,249   1,019,817      
Total Test Values (4): 592,791,617   590,584,003      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 29,529,200

Confidence Interval Values (5)

State Lower Limit: 561,054,803 (State Test Value minus Margin of Error Percent)
Local Test Value: 592,791,617 (Within Confidence Interval)
State Upper Limit: 620,113,203 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 572,694,155 (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