taxes Property Tax Assistance

2023 Confidence Interval Detail

Smith County
212-901/Arp ISD

Category Summary

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

Stratum
Variance
A 89,542,408 0.9365 95,613,890 16 637 0.015636495
A 94,178,144 1.0025 93,943,286 12 327 0.015133763
A 120,841,962 0.9690 124,707,907 14 258 0.016117089
A 179,124,252 0.9900 180,933,588 12 205 0.003562386
E 139,076,927 0.9941 139,902,351 20 926 0.004748220
Random Totals: 622,763,693 635,101,022 74 2,353
CATG D1 EXCEPTION VALUES: 5,344,806 4,138,203
CATG J EXCEPTION VALUES: 11,143,509 11,728,818
Total Test Values 639,252,008 650,968,043

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,548,402

Confidence Interval Values(5)

Local Test Value: 639,252,008 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 618,419,641 (State Test Value minus Margin of Error Percent)
State Upper Limit: 683,516,445 (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