taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
212/Smith
212-903/Lindale ISD

Category Summary

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

Stratum
Variance
A 169,507,781 0.9594 176,681,031 66 1,798 .010715049
A 197,001,580 0.9775 201,536,143 83 1,344 .006277157
A 201,328,700 0.9734 206,830,388 68 981 .006260413
A 227,334,545 0.9734 233,546,892 50 705 .005996384
E 227,445,863 0.9925 229,164,597 17 2,154 .017465188
F1 37,041,231 0.9870 37,529,109 10 148 .005958145
F1 40,360,387 0.9982 40,433,167 9 43 .001445087
F1 46,352,615 0.9000 51,502,906 5 11 .017201738
L1 9,695,107 1.0420 9,304,325 9 81 .007703896
L1 9,678,248 0.9951 9,725,905 7 24 .001677691
L1 3,088,963 0.9612 3,213,653 2 2 .032493605
Random Totals: 1,168,835,020   1,199,468,116 326 7,291  
Catg D1 Exception Values: 9,878,461   7,146,477      
Catg F1 Exception Values: 29,830,000   30,542,400      
Catg L1 Exception Values: 71,131,856   73,510,628      
Total Test Values (4): 1,279,675,337   1,310,667,621      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 65,533,381

Confidence Interval Values (5)

State Lower Limit: 1,245,134,240 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,279,675,337 (Within Confidence Interval)
State Upper Limit: 1,376,201,002 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,219,082,353 (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