taxes Property Tax Assistance

2019 Confidence Interval Detail

Ellis County
070-905/Ferris ISD

Category Summary

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

Stratum
Variance
A 74,585,653 1.0165 73,374,966 14 1099 0.077929989
A 112,631,001 0.9798 114,953,053 16 866 0.009239947
A 93,969,542 0.9882 95,091,623 26 461 0.004426935
A 96,386,095 1.0327 93,334,071 19 328 0.007660713
E 93,654,682 1.0127 92,480,184 14 694 0.072126544
Random Totals: 471,226,973 469,233,897 89 3,448
CATG D1 EXCEPTION VALUES: 7,208,287 4,117,214
Total Test Values(1) 478,435,260 473,351,111

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,667,556

Confidence Interval Values(5)

Local Test Value: 478,435,260 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 449,683,555 (State Test Value minus Margin of Error Percent)
State Upper Limit: 497,018,667 (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