taxes Property Tax Assistance

2024 Confidence Interval Detail

Collin County
043-908/Melissa 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 1,138,857,152 0.9884 1,152,222,938 74 2,816 0.002955569
A 3 1,043,166,364 0.9833 1,060,883,112 74 2,133 0.002013160
A 4 956,199,300 0.9821 973,627,227 75 1,690 0.003592010
A 5 1,012,472,919 0.9703 1,043,463,794 73 1,367 0.004757802
Random Totals: 4,150,695,735 4,230,197,071 296 8,006
CATG D1 EXCEPTION VALUES: 1,115,034 829,554
Total Test Values 4,151,810,769 4,231,026,625

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 211,551,331

Confidence Interval Values(5)

Local Test Value: 4,151,810,769 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,019,475,294 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,442,577,956 (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