taxes Property Tax Assistance

2018 Confidence Interval Detail

043/Collin
043-908/Melissa ISD

Category Summary

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

Stratum
Variance
A 145,412,113 0.9380 155,023,575 65 711 0.008083711
A 252,953,726 0.9649 262,155,380 81 1003 0.010579311
A 274,838,561 0.9824 279,762,379 70 888 0.005685604
A 314,211,686 0.9745 322,433,747 52 752 0.007198563
E 106,195,171 0.9943 106,803,954 10 391 0.042160108
Random Totals: 1,093,611,257 1,126,179,035 278 3,745
CATG D1 EXCEPTION VALUES: 1,440,500 994,106
Total Test Values(1) 1,095,051,757 1,127,173,141

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 56,358,657

Confidence Interval Values(5)

Local Test Value: 1,095,051,757 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,070,814,484 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,183,531,798 (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