taxes Property Tax Assistance

2023 Confidence Interval Detail

Smith County
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 157,510,875 0.9741 161,698,876 29 835 0.014555099
A 260,275,310 0.9851 264,212,070 47 871 0.005372065
A 357,734,976 0.9986 358,236,507 64 859 0.006260259
A 539,377,125 0.9942 542,523,763 43 751 0.006208921
E 138,573,603 0.9709 142,726,957 12 422 0.044191770
Random Totals: 1,453,471,889 1,469,398,173 195 3,738
CATG D1 EXCEPTION VALUES: 1,609,082 1,044,431
Total Test Values 1,455,080,971 1,470,442,604

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 73,522,130

Confidence Interval Values(5)

Local Test Value: 1,455,080,971 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,396,920,474 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,543,964,734 (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