taxes Property Tax Assistance

2021 Confidence Interval Detail

Collin County
043-904/Farmersville ISD

Category Summary

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

Stratum
Variance
A 101,044,744 0.9285 108,825,788 10 855 0.034660120
A 148,739,932 0.9556 155,650,829 38 738 0.012741855
A 116,903,423 0.9694 120,593,587 19 399 0.021470799
A 165,519,192 0.9903 167,140,454 20 398 0.009368735
E 214,760,878 0.9916 216,580,151 20 1,065 0.016350580
F1 16,522,486 0.8576 19,265,958 10 95 0.031666359
F1 16,808,417 0.8681 19,362,305 8 36 0.040517308
F1 13,847,331 0.9960 13,902,943 6 13 0.000008892
F1 14,370,731 1.0540 13,633,842 3 4 0.013050663
Random Totals: 808,517,134 834,955,857 134 3,603
CATG D1 EXCEPTION VALUES: 3,816,739 2,570,161
CATG J EXCEPTION VALUES: 42,053,053 48,650,735
Total Test Values 854,386,926 886,176,753

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 44,308,838

Confidence Interval Values(5)

Local Test Value: 854,386,926 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 841,867,915 (State Test Value minus Margin of Error Percent)
State Upper Limit: 930,485,591 (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