taxes Property Tax Assistance

2024 Confidence Interval Detail

Collin County
043-918/Community 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 2 766,285,772 0.9739 786,821,822 75 2,663 0.003970229
A 3 552,831,483 1.0052 549,971,631 75 1,554 0.006600194
A 4 618,969,515 1.0028 617,241,240 75 1,427 0.003713215
A 5 661,139,063 0.9702 681,446,159 71 1,108 0.010871221
E 0 291,358,853 0.9510 306,371,034 13 969 0.016498382
Random Totals: 2,890,584,686 2,941,851,886 309 7,721
CATG D1 EXCEPTION VALUES: 2,931,670 2,377,050
Total Test Values 2,893,516,356 2,944,228,936

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 147,211,447

Confidence Interval Values(5)

Local Test Value: 2,893,516,356 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,797,017,489 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,091,440,383 (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