taxes Property Tax Assistance

2018 Confidence Interval Detail

039/Clay
039-905/Midway ISD

Category Summary

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

Stratum
Variance
A 2,240,990 0.8718 2,570,532 9 74 0.049186618
A 2,237,460 1.0145 2,205,481 9 35 0.030865577
A 2,358,160 0.9212 2,559,878 8 23 0.049514002
A 2,754,870 1.0059 2,738,712 6 14 0.016160658
E 29,494,160 0.9247 31,895,923 26 554 0.054512263
G1 3,476,530 1.0041 3,462,334 10 78 0.006536194
G1 3,446,450 0.9954 3,462,377 8 22 0.002522529
G1 3,556,150 1.0198 3,487,105 6 11 0.002472099
G1 3,225,410 1.0022 3,218,330 3 4 0.010188607
Random Totals: 52,790,180 55,600,672 85 815
CATG D1 EXCEPTION VALUES: 11,347,420 11,177,433
CATG J EXCEPTION VALUES: 6,822,910 7,785,914
Total Test Values(2) 70,960,510 74,564,019

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,728,201

Confidence Interval Values(5)

Local Test Value: 70,960,510 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 70,835,818 (State Test Value minus Margin of Error Percent)
State Upper Limit: 78,292,220 (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