taxes Property Tax Assistance

2016 Confidence Interval Detail

145/Leon
145-907/Oakwood ISD

Category Summary

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

Stratum
Variance
A 2,240,720 0.7005 3,198,744 16 95 .079795846
A 2,560,040 0.7522 3,403,403 15 64 .041198073
A 3,247,290 0.7997 4,060,635 13 54 .020785294
A 3,621,830 0.9123 3,969,999 10 31 .020071253
E 22,296,390 0.8959 24,887,141 20 361 .064272424
G1 164,320 1.0042 163,633 6 14 .000373992
Random Totals: 34,130,590   39,683,555 80 619  
Catg J Exception Values: 3,215,300   3,309,246      
Catg D1 Exception Values: 4,107,730   3,089,886      
Catg G1 Exception Values: 1,010,250   1,007,135      
Total Test Values (4): 42,463,870   47,089,822      

Margin of Error

Margin of Error Percent: 5.9590499
Margin of Error Value: 2,806,106

Confidence Interval Values (5)

Local Test Value: 42,463,870 (Outside Confidence Interval)
State Lower Limit: 44,283,716 (State Test Value minus Margin of Error Percent)
State Upper Limit: 49,895,928 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 49,337,499 (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