taxes Property Tax Assistance

2018 Confidence Interval Detail

111/Hood
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 5,505,260 0.8816 6,244,623 9 106 0.036698073
A 5,876,100 1.0030 5,858,524 9 66 0.001799885
A 6,059,080 0.9648 6,280,141 8 45 0.001409781
A 5,604,910 0.9609 5,832,979 7 27 0.007388900
E 44,946,060 0.9429 47,667,897 15 465 0.021394737
Random Totals: 67,991,410 71,884,164 48 709
CATG D1 EXCEPTION VALUES: 3,453,270 2,725,979
CATG J EXCEPTION VALUES: 1,298,120 1,524,096
Total Test Values(2) 72,742,800 76,134,239

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,806,712

Confidence Interval Values(5)

Local Test Value: 72,742,800 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 72,327,527 (State Test Value minus Margin of Error Percent)
State Upper Limit: 79,940,951 (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