taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
220/Tarrant
220-914/Kennedale ISD

Category Summary

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

Stratum
Variance
A 187,886,602 0.8803 213,434,740 52 1,786 .016454308
A 213,879,288 0.9102 234,980,541 48 1,440 .017364764
A 206,059,431 0.8960 229,977,044 50 1,042 .013749839
A 281,971,013 1.0038 280,903,579 50 901 .018851728
B 8,185,480 1.0887 7,518,582 10 120 .021599307
B 6,804,714 0.9475 7,181,756 10 77 .000309728
B 14,959,099 1.0070 14,855,113 9 36 .000248075
F1 19,106,146 0.8928 21,400,253 9 103 .017304989
F1 22,234,403 0.9229 24,091,888 8 42 .071657184
F1 21,067,971 0.9334 22,571,214 6 16 .031985518
F1 18,708,469 0.9468 19,759,684 3 4 .005850016
G1 15,092,310 0.9618 15,691,734 9 31 .072235402
G1 14,921,040 1.0525 14,176,760 6 15 .004869507
G1 14,335,339 1.0158 14,112,364 6 9 .002510457
G1 14,694,040 1.0806 13,598,038 4 6 .010250052
Random Totals: 1,059,905,345   1,134,253,290 280 5,628  
Catg D1 Exception Values: 83,019   39,975      
Catg B Exception Values: 40,052,000   37,906,608      
Total Test Values (4): 1,100,040,364   1,172,199,873      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 58,609,993

Confidence Interval Values (5)

Local Test Value: 1,100,040,364 (Outside Confidence Interval)
State Lower Limit: 1,113,589,880 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,230,809,866 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,069,410,622 (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