taxes Property Tax Assistance

2021 Confidence Interval Detail

Erath County
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
E 16,927,750 0.9806 17,262,645 20 76 0.036438455
Random Totals: 16,927,750 17,262,645 20 76
CATG D1 EXCEPTION VALUES: 2,165,430 1,543,559
CATG J EXCEPTION VALUES: 4,942,680 4,962,603
Total Test Values 24,035,860 23,768,807

Margin of Error

Margin of Error Percent: 5.5615822
Margin of Error Value: 1,321,922

Confidence Interval Values(5)

Local Test Value: 24,035,860 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 22,446,885 (State Test Value minus Margin of Error Percent)
State Upper Limit: 25,090,729 (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