taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
225/Titus
225-906/Chapel Hill ISD

Category Summary

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

Stratum
Variance
A 14,760,982 0.9643 15,307,458 10 218 .019573852
A 14,479,129 0.9167 15,794,839 9 118 .017072831
A 15,238,118 0.9779 15,582,491 12 81 .007836792
A 14,544,394 0.9993 14,554,582 8 51 .007383604
E 45,131,670 1.0064 44,844,664 10 718 .013027604
Random Totals: 104,154,293   106,084,034 49 1,186  
Catg D1 Exception Values: 2,613,690   2,706,865      
Total Test Values (4): 106,767,983   108,790,899      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,439,544

Confidence Interval Values (5)

State Lower Limit: 103,351,355 (State Test Value minus Margin of Error Percent)
Local Test Value: 106,767,983 (Within Confidence Interval)
State Upper Limit: 114,230,443 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 107,515,275 (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