taxes Property Tax Assistance

2019 Confidence Interval Detail

Smith County
212-903/Lindale ISD

Category Summary

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

Stratum
Variance
A 212,935,240 0.9366 227,349,178 60 1852 0.021234262
A 260,352,066 0.9880 263,514,237 70 1470 0.005066101
A 277,224,498 0.9747 284,420,332 71 1148 0.008579443
A 296,470,215 1.0102 293,476,752 49 788 0.019853925
E 284,032,730 0.9447 300,659,183 35 1920 0.023191714
F1 42,550,497 0.7299 58,296,338 9 156 0.233497793
F1 40,467,333 0.7995 50,615,801 8 42 0.245284466
F1 49,467,063 0.6624 74,678,537 5 14 0.245503342
L1 10,809,000 1.1282 9,580,748 10 100 0.028827569
L1 8,570,511 1.0889 7,870,797 8 31 0.016366011
L1 17,282,406 1.0878 15,887,485 4 13 0.017133573
Random Totals: 1,500,161,559 1,586,349,388 329 7,534
CATG D1 EXCEPTION VALUES: 9,589,076 7,653,531
CATG F1 EXCEPTION VALUES: 38,252,809 36,570,277
CATG L1 EXCEPTION VALUES: 96,207,565 93,399,556
Total Test Values(3) 1,644,211,009 1,723,972,752

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 86,198,638

Confidence Interval Values(5)

Local Test Value: 1,644,211,009 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,637,774,114 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,810,171,390 (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