taxes Property Tax Assistance

2020 Confidence Interval Detail

Collin County
043-911/Princeton ISD

Category Summary

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

Stratum
Variance
A 286,460,993 0.9670 296,236,808 67 1,951 0.006630013
A 378,500,807 0.9825 385,242,552 74 1,775 0.001162583
A 357,681,848 0.9855 362,944,544 76 1,503 0.004154352
A 347,594,141 0.9982 348,220,939 73 1,100 0.003716068
E 159,021,635 1.0328 153,971,374 20 674 0.083284618
F1 28,608,670 0.8378 34,147,374 9 54 0.118964440
F1 31,377,644 0.8312 37,749,812 7 24 0.115742683
F1 29,477,463 1.0572 27,882,579 5 11 0.021265339
F1 20,340,292 0.8433 24,120,373 2 3 0.017262427
Random Totals: 1,639,063,493 1,670,516,355 333 7,095
CATG D1 EXCEPTION VALUES: 2,006,503 1,526,171
Total Test Values 1,641,069,996 1,672,042,526

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 83,602,126

Confidence Interval Values(5)

Local Test Value: 1,641,069,996 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,588,440,400 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,755,644,652 (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