taxes Property Tax Assistance

2021 Confidence Interval Detail

Smith County
212-901/Arp ISD

Category Summary

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

Stratum
Variance
A 74,679,384 0.9441 79,101,138 16 717 0.011433265
A 75,462,585 0.9573 78,828,565 15 298 0.005943280
A 81,889,605 0.9092 90,067,757 10 204 0.015676061
A 85,352,018 1.0096 84,540,430 11 114 0.005611640
E 99,102,977 0.9291 106,665,566 20 896 0.036176199
Random Totals: 416,486,569 439,203,456 72 2,229
CATG D1 EXCEPTION VALUES: 5,425,176 4,506,255
CATG J EXCEPTION VALUES: 9,211,997 9,793,710
Total Test Values 431,123,742 453,503,421

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,675,171

Confidence Interval Values(5)

Local Test Value: 431,123,742 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 430,828,250 (State Test Value minus Margin of Error Percent)
State Upper Limit: 476,178,592 (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