taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
242/Wheeler
242-903/Wheeler ISD

Category Summary

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

Stratum
Variance
A 8,978,140 0.9110 9,855,258 11 231 .044433152
A 8,865,980 0.9526 9,307,138 8 117 .013259229
A 7,280,990 0.9657 7,539,598 12 67 .050528180
A 12,181,320 0.9121 13,355,246 10 67 .015556883
G1 52,379,180 0.9689 54,060,460 8 53 .143207022
G1 51,375,950 1.0482 49,013,499 7 24 .018129777
G1 49,428,340 1.0596 46,648,112 6 13 .015757213
G1 50,378,430 1.0350 48,674,812 4 7 .036521057
Random Totals: 240,868,330   238,454,123 66 579  
Catg J Exception Values: 7,551,710   7,282,459      
Catg D1 Exception Values: 6,076,020   6,475,252      
Total Test Values (4): 254,496,060   252,211,834      

Margin of Error

Margin of Error Percent: 6.2496064
Margin of Error Value: 15,762,247

Confidence Interval Values (5)

State Lower Limit: 236,449,587 (State Test Value minus Margin of Error Percent)
Local Test Value: 254,496,060 (Within Confidence Interval)
State Upper Limit: 267,974,081 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 406,684,014 (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