taxes Property Tax Assistance

2022 Confidence Interval Detail

Ellis County
070-911/Red Oak ISD

Category Summary

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

Stratum
Variance
A 795,902,310 0.8812 903,202,803 61 3,259 0.012006954
A 795,658,902 0.9282 857,206,315 75 2,585 0.014400670
A 795,936,885 0.9349 851,360,450 96 2,171 0.012908093
A 795,447,006 0.9526 835,027,300 78 1,577 0.018371862
F1 65,582,372 1.0121 64,798,312 10 141 0.013613850
F1 81,984,361 1.1948 68,617,644 8 64 0.035235309
F1 81,039,898 0.9334 86,822,261 7 26 0.054152363
F1 43,211,313 1.0022 43,116,457 4 5 0.006106517
Random Totals: 3,454,763,047 3,710,151,542 339 9,828
CATG D1 EXCEPTION VALUES: 1,280,615 529,613
Total Test Values 3,456,043,662 3,710,681,155

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 185,534,058

Confidence Interval Values(5)

Local Test Value: 3,456,043,662 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 3,525,147,097 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,896,215,213 (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