taxes Property Tax Assistance

2018 Confidence Interval Detail

107/Henderson
001-904/Frankston ISD

Category Summary

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

Stratum
Variance
A 18,428,080 0.9955 18,511,381 14 270 0.069072179
A 19,232,460 0.9344 20,582,684 14 133 0.012594957
A 20,749,750 0.9057 22,910,180 10 95 0.035316083
A 19,828,070 0.9938 19,951,771 12 43 0.004636425
E 18,599,340 0.9800 18,978,918 15 166 0.052633804
Random Totals: 96,837,700 100,934,934 65 707
CATG D1 EXCEPTION VALUES: 953,390 1,255,197
Total Test Values(1) 97,791,090 102,190,131

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,109,507

Confidence Interval Values(5)

Local Test Value: 97,791,090 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 97,080,624 (State Test Value minus Margin of Error Percent)
State Upper Limit: 107,299,638 (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