taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
226/Tom Green
226-908/Veribest ISD

Category Summary

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

Stratum
Variance
A 5,270,600 1.0163 5,186,067 10 62 .015998453
A 6,896,350 1.0283 6,706,555 11 60 .007198471
A 8,056,350 1.0723 7,513,149 13 53 .006735870
A 13,954,090 1.0472 13,325,143 12 63 .011305525
E 22,963,620 1.0581 21,702,694 9 237 .025961417
L1 2,337,170 0.9495 2,461,474 6 16 .011820256
Random Totals: 59,478,180   56,895,082 61 491  
Catg J Exception Values: 6,813,020   6,468,525      
Catg D1 Exception Values: 15,712,650   16,384,347      
Catg L1 Exception Values: 11,997,510   11,977,424      
Total Test Values (4): 94,001,360   91,725,378      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,586,268

Confidence Interval Values (5)

State Lower Limit: 87,139,110 (State Test Value minus Margin of Error Percent)
Local Test Value: 94,001,360 (Within Confidence Interval)
State Upper Limit: 96,311,646 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 121,925,944 (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