taxes Property Tax Assistance

2022 Confidence Interval Detail

Ellis County
070-910/Palmer ISD

Category Summary

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

Stratum
Variance
A 55,871,194 0.8876 62,946,365 15 461 0.027337595
A 74,568,624 0.8506 87,665,911 15 400 0.029147195
A 90,748,950 0.8582 105,743,358 14 368 0.128741554
A 194,156,466 0.8909 217,932,951 21 488 0.034014218
E 131,255,322 0.7177 182,883,269 21 551 0.474908203
Random Totals: 546,600,556 657,171,854 86 2,268
CATG D1 EXCEPTION VALUES: 4,079,652 1,465,536
Total Test Values 550,680,208 658,637,390

Margin of Error

Margin of Error Percent: 9.1712004
Margin of Error Value: 60,404,955

Confidence Interval Values(5)

Local Test Value: 550,680,208 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 598,232,435 (State Test Value minus Margin of Error Percent)
State Upper Limit: 719,042,345 (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