taxes Property Tax Assistance

2020 Confidence Interval Detail

Eastland County
067-903/Eastland ISD

Category Summary

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

Stratum
Variance
A 40,277,930 1.0056 40,053,630 18 720 0.101317190
A 46,111,700 0.9283 49,673,274 20 428 0.073346483
A 44,278,490 0.9504 46,589,320 15 261 0.048294479
A 44,084,670 1.0675 41,297,115 15 142 0.103789726
E 118,975,990 0.9527 124,882,954 20 1,398 0.014633954
F1 19,971,620 0.9919 20,134,711 13 145 0.027695709
F1 22,066,120 0.8491 25,987,658 10 49 0.061129859
F1 21,558,180 0.9144 23,576,312 8 16 0.010046377
Random Totals: 357,324,700 372,194,974 119 3,159
CATG D1 EXCEPTION VALUES: 12,438,983 13,697,668
CATG F1 EXCEPTION VALUES: 17,878,680 18,592,539
CATG J EXCEPTION VALUES: 32,261,700 34,405,880
Total Test Values 419,904,063 438,891,061

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,944,553

Confidence Interval Values(5)

Local Test Value: 419,904,063 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 416,946,508 (State Test Value minus Margin of Error Percent)
State Upper Limit: 460,835,614 (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