taxes Property Tax Assistance

2018 Confidence Interval Detail

177/Nolan
177-905/Highland ISD

Category Summary

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

Stratum
Variance
E 23,640,040 1.0002 23,635,313 20 365 0.034562103
G1 2,688,809 1.0133 2,701,031 7 21 0.003982276
G1 2,688,809 1.0795 2,701,031 3 4 0.003544776
Random Totals: 29,017,658 29,037,375 30 390
CATG D1 EXCEPTION VALUES: 11,465,850 8,799,939
CATG G1 EXCEPTION VALUES: 2,688,809 2,701,031
CATG J EXCEPTION VALUES: 8,172,140 9,028,955
Total Test Values(3) 51,344,457 49,567,300

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,590,715

Confidence Interval Values(5)

Local Test Value: 53,846,138 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 49,223,585 (State Test Value minus Margin of Error Percent)
State Upper Limit: 54,405,015 (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