taxes Property Tax Assistance

2018 Confidence Interval Detail

111/Hood
111-903/Tolar ISD

Category Summary

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

Stratum
Variance
A 13,523,532 0.8770 15,420,219 9 189 0.075304351
A 12,315,380 0.9592 12,839,220 7 96 0.008909392
A 14,982,550 0.9684 15,471,448 10 92 0.002563622
A 13,750,650 0.9459 14,537,108 9 61 0.043208844
E 102,173,998 0.9564 106,831,867 18 859 0.018764764
Random Totals: 156,746,110 165,099,862 53 1,297
CATG D1 EXCEPTION VALUES: 6,169,800 5,093,196
CATG J EXCEPTION VALUES: 12,995,050 10,259,851
Total Test Values(2) 175,910,960 180,452,909

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,022,645

Confidence Interval Values(5)

Local Test Value: 175,910,960 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 171,430,264 (State Test Value minus Margin of Error Percent)
State Upper Limit: 189,475,554 (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