taxes Property Tax Assistance

2022 Confidence Interval Detail

Smith County
212-909/Chapel Hill ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 210,685,019 0.8140 258,826,805 19 1,978 0.032475829
A 255,397,419 0.9314 274,208,094 30 1,188 0.020059902
A 307,582,865 0.9079 338,784,960 45 992 0.012948297
A 304,001,835 0.9544 318,526,650 27 579 0.026174445
B 28,307,664 0.8847 31,996,907 10 147 0.026035179
B 36,376,593 0.7618 47,750,844 9 38 0.117244262
E 294,597,392 0.9140 322,316,621 22 2,056 0.037138365
F1 29,753,956 0.7629 39,001,122 11 138 0.047055683
F1 34,468,330 0.8228 41,891,505 10 48 0.032840510
F1 35,729,670 0.9274 38,526,709 7 15 0.011602539
Random Totals: 1,536,900,743 1,711,830,217 190 7,179
CATG B EXCEPTION VALUES: 62,305,265 67,381,496
CATG D1 EXCEPTION VALUES: 8,823,128 7,271,763
CATG F1 EXCEPTION VALUES: 31,244,295 33,964,632
Total Test Values 1,639,273,431 1,820,448,108

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 91,022,405

Confidence Interval Values(5)

Local Test Value: 1,639,273,431 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,729,425,703 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,911,470,513 (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