taxes Property Tax Assistance

2018 Confidence Interval Detail

211/Sherman
171-902/Sunray ISD

Category Summary

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

Stratum
Variance
E 4,120,650 0.9075 4,540,661 13 70 0.024674072
G1 3,135,120 1.0037 3,123,563 8 33 0.014668148
G1 3,059,990 1.0377 2,948,820 6 17 0.002421340
G1 3,173,700 0.9924 3,198,005 5 12 0.001570031
G1 2,809,370 1.0081 2,786,797 4 7 0.000742224
Random Totals: 16,298,830 16,597,846 36 139
CATG D1 EXCEPTION VALUES: 20,506,060 21,830,036
Total Test Values(1) 36,804,890 38,427,882

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,921,394

Confidence Interval Values(5)

Local Test Value: 36,804,890 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 36,506,488 (State Test Value minus Margin of Error Percent)
State Upper Limit: 40,349,276 (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