taxes Property Tax Assistance

2018 Confidence Interval Detail

237/Waller
237-905/Royal ISD

Category Summary

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

Stratum
Variance
A 59,837,152 0.7895 75,791,199 11 803 .082945847
A 70,743,629 0.8411 84,108,464 11 517 .054421934
A 63,315,877 0.9848 64,293,133 9 282 .057008752
A 71,454,486 0.9676 73,847,133 11 198 .011001812
E 209,754,723 0.9514 220,469,543 18 1,412 .044543682
F1 32,583,614 0.8700 37,452,430 12 122 .089437934
F1 33,071,840 1.0278 32,177,311 8 42 .003578927
F1 31,480,070 0.9267 33,970,077 7 19 .084521648
F1 35,058,309 0.9273 37,806,868 4 7 .006189506
L1 46,128,500 0.5938 77,683,563 9 91 .399552181
L1 49,113,650 0.9732 50,466,143 8 19 .267949390
Random Totals: 702,541,850   788,065,864 108 3,512  
Catg D1 Exception Values: 12,322,026   9,699,930      
Catg F1 Exception Values: 51,828,170   52,328,196      
Catg L1 Exception Values: 159,272,510   175,798,640      
Total Test Values (4): 925,964,556   1,025,892,630      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 51,294,631

Confidence Interval Values (5)

Local Test Value: 925,964,556 (Outside Confidence Interval)
State Lower Limit: 974,597,999 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,077,187,261 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,200,744,470 (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