taxes Property Tax Assistance

2021 Confidence Interval Detail

Smith County
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 181,964,222 0.9486 191,823,974 49 1,141 0.010785533
A 191,880,837 0.9819 195,417,901 72 756 0.011544987
A 199,457,900 0.9863 202,228,429 48 561 0.002321604
A 214,915,151 0.9308 230,892,943 25 373 0.005098984
E 89,336,354 0.9839 90,798,205 10 394 0.009144942
Random Totals: 877,554,464 911,161,452 204 3,225
CATG D1 EXCEPTION VALUES: 1,682,064 1,055,237
Total Test Values 879,236,528 912,216,689

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 45,610,834

Confidence Interval Values(5)

Local Test Value: 879,236,528 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 866,605,855 (State Test Value minus Margin of Error Percent)
State Upper Limit: 957,827,523 (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