taxes Property Tax Assistance

2024 Confidence Interval Detail

Collin County
043-904/Farmersville ISD

Category Summary

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

Stratum
Variance
A 2 227,499,064 1.0093 225,402,818 21 1,079 0.015949530
A 3 239,447,624 0.9793 244,508,959 30 770 0.006956937
A 4 260,350,684 0.9762 266,698,099 17 574 0.008626602
A 5 208,508,767 0.9613 216,902,910 14 336 0.007454231
E 0 312,806,451 0.9790 319,516,293 10 1,118 0.029359820
F1 2 22,752,091 0.8651 26,299,955 10 85 0.053018883
F1 3 26,105,067 0.9063 28,804,002 9 42 0.114342087
F1 4 26,707,169 0.8283 32,243,353 9 20 0.019487211
F1 5 35,950,853 1.0527 34,151,091 4 10 0.007909754
Random Totals: 1,360,127,770 1,394,527,480 124 4,034
CATG D1 EXCEPTION VALUES: 3,582,330 2,488,621
CATG J EXCEPTION VALUES: 39,427,136 38,973,582
Total Test Values 1,403,137,236 1,435,989,683

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 71,799,484

Confidence Interval Values(5)

Local Test Value: 1,403,137,236 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,364,190,199 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,507,789,167 (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