taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
225/Titus
225-905/Winfield ISD

Category Summary

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

Stratum
Variance
A 2,562,039 0.8864 2,890,387 8 88 .005152845
A 2,262,981 1.0272 2,203,058 8 41 .011514149
A 2,381,226 0.9040 2,634,100 7 28 .003366911
A 2,284,029 1.0076 2,266,801 6 15 .010895418
E 11,316,542 0.9405 12,032,474 10 165 .026865316
F1 4,088,469 0.9710 4,210,576 12 33 .019079113
Random Totals: 24,895,286   26,237,396 51 370  
Catg J Exception Values: 50,720   54,210      
Catg D1 Exception Values: 2,092,406   2,165,112      
Total Test Values (4): 27,038,412   28,456,718      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,422,835

Confidence Interval Values (5)

State Lower Limit: 27,033,883 (State Test Value minus Margin of Error Percent)
Local Test Value: 27,038,412 (Within Confidence Interval)
State Upper Limit: 29,879,553 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 53,974,163 (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