taxes Property Tax Assistance

2018 Confidence Interval Detail

185/Parmer
185-902/Farwell ISD

Category Summary

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

Stratum
Variance
A 9,097,445 0.9258 9,826,577 11 192 0.019849385
A 9,499,156 1.0097 9,407,899 11 112 0.008854844
A 8,622,617 0.9740 8,852,790 10 68 0.002264003
A 7,884,702 0.9746 8,090,193 11 42 0.006656770
E 35,896,777 0.9462 37,937,832 20 408 0.009223055
L1 1,335,812 0.9470 1,410,572 8 44 0.010552030
L1 1,313,451 0.9963 1,318,329 6 16 0.003222784
L1 1,545,814 1.0096 1,531,115 5 9 0.001043560
L1 1,542,867 0.9556 1,614,553 2 4 0.005857074
Random Totals: 76,738,641 79,989,860 84 895
CATG D1 EXCEPTION VALUES: 14,163,996 7,108,400
CATG J EXCEPTION VALUES: 19,625,100 20,575,432
Total Test Values(2) 110,527,737 107,673,692

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,383,685

Confidence Interval Values(5)

Local Test Value: 110,527,737 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 102,290,007 (State Test Value minus Margin of Error Percent)
State Upper Limit: 113,057,377 (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