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 0.8568 4,307,446 9 46 0.088231738
A 3,257,200 0.9941 3,276,532 8 23 0.015214321
A 5,905,280 0.9355 6,312,432 6 23 0.028096743
A 4,472,280 1.1194 3,995,247 5 12 0.002448212
E 87,790,020 0.7214 121,693,956 20 413 0.076621756
Random Totals: 105,115,400 139,585,613 48 517
CATG D1 EXCEPTION VALUES: 5,779,950 4,110,061
CATG J EXCEPTION VALUES: 8,717,830 9,360,186
Total Test Values 119,613,180 153,055,860

Margin of Error

Margin of Error Percent: 9.7006088
Margin of Error Value: 14,847,350

Confidence Interval Values(5)

Local Test Value: 119,613,180 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 138,208,510 (State Test Value minus Margin of Error Percent)
State Upper Limit: 167,903,210 (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