taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
212/Smith
234-906/Van ISD

Category Summary

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

Stratum
Variance
A 7,762,202 0.9523 8,151,005 7 191 .005012445
A 7,866,664 0.9681 8,125,880 7 80 .001582696
A 8,335,712 1.0271 8,115,775 9 46 .004800798
A 8,918,712 1.0595 8,417,850 8 26 .006152435
E 47,187,108 1.0032 47,036,591 12 461 .003985265
Random Totals: 80,070,398   79,847,101 43 804  
Catg D1 Exception Values: 2,865,325   2,204,794      
Total Test Values (4): 82,935,723   82,051,895      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,102,594

Confidence Interval Values (5)

State Lower Limit: 77,949,301 (State Test Value minus Margin of Error Percent)
Local Test Value: 82,935,723 (Within Confidence Interval)
State Upper Limit: 86,154,489 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 77,284,974 (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