taxes Property Tax Assistance

2021 Confidence Interval Detail

Erath County
072-910/Morgan Mill ISD

Category Summary

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

Stratum
Variance
A 3,690,620 0.8848 4,171,135 9 46 0.088664402
A 3,257,200 1.0167 3,203,698 8 23 0.012533061
A 5,905,280 0.9871 5,982,454 5 23 0.016261108
A 4,472,280 1.0835 4,127,623 6 12 0.008058822
E 87,790,020 0.8636 101,655,882 19 413 0.083181811
Random Totals: 105,115,400 119,140,792 47 517
CATG D1 EXCEPTION VALUES: 5,779,950 4,110,061
CATG J EXCEPTION VALUES: 94,150 95,583
Total Test Values 110,989,500 123,346,436

Margin of Error

Margin of Error Percent: 10.7632824
Margin of Error Value: 13,276,125

Confidence Interval Values(5)

Local Test Value: 110,989,500 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 110,070,311 (State Test Value minus Margin of Error Percent)
State Upper Limit: 136,622,561 (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