taxes Property Tax Assistance

2024 Confidence Interval Detail

Collin County
043-911/Princeton 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 1,583,867,535 0.9833 1,610,767,350 74 5,732 0.002368004
A 3 985,164,398 0.9949 990,214,492 75 2,963 0.002477255
A 4 987,718,740 0.9919 995,784,595 75 2,636 0.003060910
A 5 844,516,456 1.0066 838,979,193 74 1,625 0.008508343
E 0 251,976,177 0.6492 388,133,360 10 546 0.199445274
Random Totals: 4,653,243,306 4,823,878,990 308 13,502
CATG D1 EXCEPTION VALUES: 1,428,102 1,120,145
Total Test Values 4,654,671,408 4,824,999,135

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 241,249,957

Confidence Interval Values(5)

Local Test Value: 4,654,671,408 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,583,749,178 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,066,249,092 (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