taxes Property Tax Assistance

2018 Confidence Interval Detail

176/Newton
176-902/Newton ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 27,210,328 0.6978 38,994,451 16 794 0.058190911
A 27,048,570 0.9171 29,493,588 16 383 0.055088710
A 28,880,426 0.9130 31,632,449 16 267 0.015248557
A 28,641,926 0.9816 29,178,816 16 144 0.023664896
E 67,868,493 1.0474 64,797,110 23 1393 0.238997644
G1 13,526,870 0.9933 13,618,111 8 44 0.003263852
Random Totals: 193,176,613 207,714,525 95 3,025
CATG D1 EXCEPTION VALUES: 56,125,076 54,907,494
CATG G1 EXCEPTION VALUES: 12,808,990 12,544,935
Total Test Values(2) 262,110,679 275,166,954

Margin of Error

Margin of Error Percent: 5.2649387
Margin of Error Value: 14,487,371

Confidence Interval Values(5)

Local Test Value: 262,110,679 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 260,679,583 (State Test Value minus Margin of Error Percent)
State Upper Limit: 289,654,325 (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