taxes Property Tax Assistance

2018 Confidence Interval Detail

067/Eastland
067-902/Cisco ISD

Category Summary

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

Stratum
Variance
A 16,831,090 0.9184 18,326,535 10 513 .112284613
A 17,908,660 1.0858 16,493,516 14 322 .044048354
A 25,099,430 0.9130 27,491,161 14 293 .086682930
A 28,046,980 1.0627 26,392,190 11 187 .072041082
E 84,853,870 0.9322 91,025,392 16 1,244 .017425522
F1 9,096,200 0.9788 9,293,216 10 107 .007395785
F1 10,072,720 0.9127 11,036,178 7 22 .026103662
F1 4,318,650 0.9578 4,508,927 3 3 .011641206
Random Totals: 196,227,600   204,567,115 85 2,691  
Catg J Exception Values: 8,413,880   9,493,428      
Catg D1 Exception Values: 9,065,640   8,680,921      
Catg F1 Exception Values: 7,057,390   7,354,758      
Total Test Values (4): 220,764,510   230,096,222      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,504,811

Confidence Interval Values (5)

State Lower Limit: 218,591,411 (State Test Value minus Margin of Error Percent)
Local Test Value: 220,764,510 (Within Confidence Interval)
State Upper Limit: 241,601,033 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 539,347,563 (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, 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
(6) Includes local value of unstudied property categories and sub-categories