taxes Property Tax Assistance

2021 Confidence Interval Detail

Smith County
212-909/Chapel Hill ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 208,293,035 0.8825 236,026,102 35 2,082 0.043640246
A 213,310,572 0.9504 224,442,942 44 1,037 0.022434885
A 231,469,222 0.9865 234,636,819 51 771 0.007590339
A 239,898,124 1.0122 237,006,643 33 465 0.007561933
B 29,388,663 0.9000 32,654,070 10 137 0.007518999
B 17,098,183 0.7808 21,898,288 7 11 0.271322005
E 237,392,731 0.9070 261,733,992 28 1,984 0.016848157
F1 27,766,140 0.8719 31,845,556 11 139 0.020281044
F1 30,727,513 0.8664 35,465,735 10 46 0.028295964
F1 25,662,078 1.0674 24,041,669 5 14 0.008224123
F1 32,176,696 0.9311 34,556,972 4 5 0.055855318
L1 19,336,600 1.0510 18,398,287 10 146 0.038420509
L1 19,269,463 0.9789 19,684,813 10 24 0.005767175
L1 33,321,475 1.0057 33,132,619 5 11 0.003912579
L1 10,573,089 1.4522 7,280,700 1 1 0.000000000
Random Totals: 1,375,683,584 1,452,805,207 264 6,873
CATG B EXCEPTION VALUES: 45,146,226 57,854,478
CATG D1 EXCEPTION VALUES: 9,116,488 8,305,288
Total Test Values 1,429,946,298 1,518,964,973

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 75,948,249

Confidence Interval Values(5)

Local Test Value: 1,429,946,298 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,443,016,724 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,594,913,222 (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