taxes Property Tax Assistance

2019 Confidence Interval Detail

Smith County
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 162,957,841 0.9769 166,811,179 48 1112 0.010708772
A 173,027,083 0.9977 173,425,963 54 730 0.005011392
A 183,190,565 1.0009 183,025,842 40 537 0.002221570
A 174,308,837 1.0199 170,907,772 20 318 0.016015952
E 80,970,771 0.9946 81,410,387 17 384 0.018559040
Random Totals: 774,455,097 775,581,143 179 3,081
CATG D1 EXCEPTION VALUES: 1,686,908 1,200,162
Total Test Values(1) 776,142,005 776,781,305

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 38,839,065

Confidence Interval Values(5)

Local Test Value: 776,142,005 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 737,942,240 (State Test Value minus Margin of Error Percent)
State Upper Limit: 815,620,370 (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