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 0.8846 784,522,316 68 1,981 0.016554241
A 699,052,758 0.9218 758,356,214 67 1,659 0.015314329
A 700,372,506 0.9140 766,271,888 68 1,425 0.023691649
A 694,752,529 0.9209 754,427,765 66 1,083 0.019823451
Random Totals: 2,788,166,234 3,063,578,183 269 6,148
CATG D1 EXCEPTION VALUES: 1,213,003 866,217
Total Test Values 2,789,379,237 3,064,444,400

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 153,222,220

Confidence Interval Values(5)

Local Test Value: 2,789,379,237 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 2,911,222,180 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,217,666,620 (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