taxes Property Tax Assistance

2018 Confidence Interval Detail

070/Ellis
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 40,845,035 0.8285 49,299,982 7 514 .032464167
A 51,028,176 0.9187 55,543,895 19 342 .022731634
A 60,114,209 0.9344 64,334,556 14 282 .005960803
A 59,384,852 1.0628 55,875,849 11 172 .038145777
E 72,209,842 0.9621 75,054,404 17 483 .051349833
Random Totals: 283,582,114   300,108,686 68 1,793  
Catg D1 Exception Values: 4,804,118   2,842,174      
Total Test Values (4): 288,386,232   302,950,860      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,147,543

Confidence Interval Values (5)

State Lower Limit: 287,803,317 (State Test Value minus Margin of Error Percent)
Local Test Value: 288,386,232 (Within Confidence Interval)
State Upper Limit: 318,098,403 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 285,524,334 (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