taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
225/Titus
194-903/Rivercrest ISD

Category Summary

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

Stratum
Variance
A 3,042,976 1.0034 3,032,665 11 130 .026094801
A 3,002,069 0.9052 3,316,470 9 63 .020896119
A 3,172,769 0.9291 3,414,884 8 41 .014297675
A 2,913,978 1.0174 2,864,142 7 20 .003512762
E 15,388,673 1.0145 15,168,726 13 393 .010884031
G1 22,978,711 1.0296 22,318,095 8 34 .006028599
Random Totals: 50,499,176   50,114,982 56 681  
Catg J Exception Values: 42,860   46,813      
Catg D1 Exception Values: 2,738,623   2,878,304      
Catg G1 Exception Values: 12,846,971   12,356,725      
Total Test Values (4): 66,127,630   65,396,824      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,269,841

Confidence Interval Values (5)

State Lower Limit: 62,126,983 (State Test Value minus Margin of Error Percent)
Local Test Value: 66,127,630 (Within Confidence Interval)
State Upper Limit: 68,666,665 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 87,820,619 (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