taxes Property Tax Assistance

2022 Confidence Interval Detail

Collin County
043-908/Melissa ISD

Category Summary

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

Stratum
Variance
A 693,988,441 0.9164 757,298,604 68 1,981 0.006584213
A 699,052,758 0.9432 741,150,083 67 1,659 0.005833823
A 700,372,506 0.9363 748,021,474 68 1,425 0.009554978
A 694,752,529 0.9490 732,089,072 66 1,083 0.010143486
Random Totals: 2,788,166,234 2,978,559,233 269 6,148
CATG D1 EXCEPTION VALUES: 1,213,003 887,672
Total Test Values 2,789,379,237 2,979,446,905

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 148,972,345

Confidence Interval Values(5)

Local Test Value: 2,789,379,237 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 2,830,474,560 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,128,419,250 (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