taxes Property Tax Assistance

2020 Confidence Interval Detail

Collin County
043-908/Melissa ISD

Category Summary

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

Stratum
Variance
A 328,053,280 0.9703 338,094,692 75 1,403 0.001654131
A 352,829,425 0.9788 360,471,419 76 1,229 0.003843922
A 390,041,731 1.0020 389,263,205 75 1,146 0.002207422
A 374,068,257 0.9904 377,694,121 74 828 0.005918632
E 120,823,828 1.0032 120,438,425 10 369 0.010166098
Random Totals: 1,565,816,521 1,585,961,862 310 4,975
CATG D1 EXCEPTION VALUES: 1,459,923 1,021,704
Total Test Values 1,567,276,444 1,586,983,566

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 79,349,178

Confidence Interval Values(5)

Local Test Value: 1,567,276,444 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,507,634,388 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,666,332,744 (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