taxes Property Tax Assistance

2022 Confidence Interval Detail

Collin County
043-919/Lovejoy ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 541,629,678 0.9537 567,924,586 45 1,164 0.009703962
A 771,853,232 0.9361 824,541,429 52 1,216 0.006267447
A 907,104,961 0.9564 948,457,717 51 1,083 0.012601868
A 2,114,194,983 0.9421 2,244,130,117 85 1,575 0.008707711
Random Totals: 4,334,782,854 4,585,053,849 233 5,038
CATG D1 EXCEPTION VALUES: 134,247 135,179
Total Test Values 4,334,917,101 4,585,189,028

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 229,259,451

Confidence Interval Values(5)

Local Test Value: 4,334,917,101 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 4,355,929,577 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,814,448,479 (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