taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
225/Titus
225-902/Mount Pleasant ISD

Category Summary

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

Stratum
Variance
A 115,322,393 0.9436 122,215,338 16 2,178 .014905895
A 112,864,254 0.9653 116,921,428 32 1,310 .009180062
A 108,653,555 1.0040 108,220,672 37 833 .005758962
A 124,257,494 0.9825 126,470,732 37 498 .017984492
E 128,753,374 0.9642 133,533,887 10 2,136 .003111017
F1 52,318,240 0.8896 58,810,971 13 366 .087342376
F1 51,689,743 0.8789 58,811,859 9 128 .023124002
F1 46,853,824 0.9483 49,408,229 8 51 .014259527
F1 60,552,347 0.9861 61,405,889 6 17 .001404630
L1 17,987,166 1.1409 15,765,769 10 275 .159297462
L1 20,311,126 1.0167 19,977,502 9 66 .018423084
L1 27,085,955 1.0722 25,262,036 7 23 .042660822
L1 18,207,915 0.9931 18,334,423 2 3 .002542134
Random Totals: 884,857,386   915,138,735 196 7,884  
Catg J Exception Values: 15,099,870   15,516,225      
Catg D1 Exception Values: 9,762,371   10,149,838      
Total Test Values (4): 909,719,627   940,804,798      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 47,040,239

Confidence Interval Values (5)

State Lower Limit: 893,764,559 (State Test Value minus Margin of Error Percent)
Local Test Value: 909,719,627 (Within Confidence Interval)
State Upper Limit: 987,845,037 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,564,587,790 (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