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 0.8801 904,331,678 62 3,259 0.011893325
A 795,658,902 0.9194 865,411,031 78 2,585 0.015935644
A 795,936,885 0.9327 853,368,591 97 2,171 0.013253210
A 795,447,006 0.9526 835,027,300 78 1,577 0.018371862
F1 65,582,372 0.9917 66,131,261 10 141 0.018458922
F1 81,984,361 1.1763 69,696,813 8 64 0.042690148
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 3,723,905,392 344 9,828
CATG D1 EXCEPTION VALUES: 1,275,923 528,585
Total Test Values 3,456,038,970 3,724,433,977

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 186,221,699

Confidence Interval Values(5)

Local Test Value: 3,456,038,970 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 3,538,212,278 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,910,655,676 (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