taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
220/Tarrant
126-902/Burleson ISD

Category Summary

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

Stratum
Variance
A 154,848,871 0.8624 179,555,741 49 1,528 .017175260
A 180,257,982 0.8707 207,026,510 50 1,427 .013364450
A 213,866,244 0.9413 227,203,064 50 1,317 .008297603
A 203,692,687 0.9108 223,641,510 31 687 .016012111
F1 61,478,146 0.8870 69,310,198 8 65 .006109158
F1 60,754,401 0.9030 67,280,621 8 22 .013698812
F1 33,464,282 0.9309 35,948,310 3 6 .001571660
G1 20,926,000 0.9516 21,990,332 10 55 .054371879
G1 20,945,621 1.0059 20,822,767 9 30 .046027349
G1 20,496,670 1.0329 19,843,809 10 19 .007955627
G1 20,039,759 0.9730 20,595,847 5 10 .007377616
L1 12,471,415 0.9905 12,591,030 9 67 .014435175
L1 19,528,369 1.0383 18,808,022 7 21 .002197292
L1 10,912,496 1.0572 10,322,073 4 4 .013931129
Random Totals: 1,033,682,943   1,134,939,834 253 5,258  
Catg D1 Exception Values: 189,790   128,751      
Catg F1 Exception Values: 61,887,752   67,406,546      
Catg L1 Exception Values: 21,435,527   26,039,801      
Total Test Values (4): 1,117,196,012   1,228,514,932      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 61,425,746

Confidence Interval Values (5)

Local Test Value: 1,117,196,012 (Outside Confidence Interval)
State Lower Limit: 1,167,089,186 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,289,940,678 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,207,757,842 (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