taxes Property Tax Assistance

2018 Confidence Interval Detail

123/Jefferson
123-914/Hamshire-Fannett ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 114,137,890 0.9915 115,116,379 8 1196 0.082612814
A 99,378,090 0.9711 102,335,589 10 592 0.014802219
A 101,236,670 0.9433 107,321,817 14 425 0.002689771
A 105,198,810 0.9683 108,642,786 18 305 0.017341010
E 77,956,742 0.9497 82,085,650 10 1181 0.032945630
L1 2,983,920 1.0130 2,945,627 8 23 0.001950840
L1 2,478,670 1.0643 2,328,920 4 7 0.009555020
L1 2,967,460 1.1258 2,635,868 2 3 0.039367062
Random Totals: 506,338,252 523,412,636 74 3,732
CATG D1 EXCEPTION VALUES: 12,955,848 10,724,928
CATG J EXCEPTION VALUES: 5,679,182 5,781,460
CATG L1 EXCEPTION VALUES: 13,643,350 13,643,350
Total Test Values(3) 538,616,632 553,562,374

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,678,119

Confidence Interval Values(5)

Local Test Value: 538,616,632 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 525,884,255 (State Test Value minus Margin of Error Percent)
State Upper Limit: 581,240,493 (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