taxes Property Tax Assistance

2019 Confidence Interval Detail

Smith County
212-901/Arp ISD

Category Summary

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

Stratum
Variance
A 63,049,991 0.9498 66,382,387 14 692 0.036467715
A 65,775,232 0.9873 66,621,323 16 295 0.007141418
A 70,288,278 0.9652 72,822,501 13 200 0.003684302
A 68,064,718 0.9236 73,695,017 9 101 0.008660475
E 88,599,773 1.0131 87,454,124 23 864 0.032444730
G1 7,878,382 0.9745 8,084,538 10 191 0.006380861
G1 8,078,998 0.9689 8,338,320 9 46 0.004634134
G1 8,152,505 1.0277 7,932,767 6 12 0.001978384
Random Totals: 379,887,877 391,330,977 100 2,401
CATG D1 EXCEPTION VALUES: 5,512,566 4,581,005
CATG G1 EXCEPTION VALUES: 7,160,234 7,131,085
CATG J EXCEPTION VALUES: 8,169,874 8,301,854
Total Test Values(3) 400,730,551 411,344,921

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,567,246

Confidence Interval Values(5)

Local Test Value: 400,730,551 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 390,777,675 (State Test Value minus Margin of Error Percent)
State Upper Limit: 431,912,167 (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