taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
220/Tarrant
126-911/Godley ISD

Category Summary

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

Stratum
Variance
A 22,883,603 0.9002 25,420,577 7 84 .008709318
A 13,211,144 0.9836 13,431,419 7 44 .001657812
A 12,013,580 0.9426 12,745,152 7 37 .004833579
A 9,306,711 1.0146 9,172,788 7 23 .001527661
Random Totals: 57,415,038   60,769,936 28 188  
Catg D1 Exception Values: 538,323   187,073      
Total Test Values (4): 57,953,361   60,957,009      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,047,850

Confidence Interval Values (5)

State Lower Limit: 57,909,159 (State Test Value minus Margin of Error Percent)
Local Test Value: 57,953,361 (Within Confidence Interval)
State Upper Limit: 64,004,859 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 75,368,585 (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