taxes Property Tax Assistance

2023 Confidence Interval Detail

Ellis County
070-910/Palmer ISD

Category Summary

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

Stratum
Variance
A 70,604,943 0.9509 74,250,650 12 446 0.096206168
A 61,568,283 1.0961 56,170,316 12 259 0.037870745
A 130,725,009 1.0256 127,461,982 20 396 0.007416632
A 212,912,562 1.0358 205,553,738 19 410 0.008471780
E 242,873,914 0.9904 245,228,104 20 735 0.062607027
Random Totals: 718,684,711 708,664,790 83 2,246
CATG D1 EXCEPTION VALUES: 4,290,574 1,907,232
Total Test Values 722,975,285 710,572,022

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 35,528,601

Confidence Interval Values(5)

Local Test Value: 722,975,285 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 675,043,421 (State Test Value minus Margin of Error Percent)
State Upper Limit: 746,100,623 (State Test Value plus Margin of Error Percent)

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, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values