taxes Property Tax Assistance

2018 Confidence Interval Detail

252/Young
252-902/Newcastle ISD

Category Summary

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

Stratum
Variance
A 1,284,750 0.5569 2,306,967 10 87 0.099437321
A 1,205,870 0.7068 1,706,098 8 45 0.044514274
A 1,223,850 0.6827 1,792,661 7 27 0.187668750
A 1,291,350 0.9242 1,397,262 6 18 0.005606383
E 24,339,360 0.8745 27,832,316 20 386 0.151499836
G1 2,864,380 0.9963 2,875,018 8 45 0.016451098
G1 3,291,700 1.0216 3,222,103 5 9 0.004264796
G1 2,940,470 0.9677 3,038,617 2 3 0.001126728
Random Totals: 38,441,730 44,171,042 66 620
CATG D1 EXCEPTION VALUES: 12,402,055 9,682,361
CATG G1 EXCEPTION VALUES: 1,789,700 1,698,618
CATG J EXCEPTION VALUES: 3,335,560 3,702,192
Total Test Values(3) 55,969,045 59,254,213

Margin of Error

Margin of Error Percent: 8.0647216
Margin of Error Value: 4,778,687

Confidence Interval Values(5)

Local Test Value: 55,969,045 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 54,475,526 (State Test Value minus Margin of Error Percent)
State Upper Limit: 64,032,900 (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