taxes Property Tax Assistance

2024 Confidence Interval Detail

Eastland County
067-903/Eastland 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 54,464,080 0.8756 62,202,010 11 611 0.025895109
A 3 72,075,290 0.8959 80,450,151 11 453 0.088167229
A 4 77,825,260 0.9781 79,567,795 11 331 0.002459752
A 5 102,250,650 1.0576 96,681,780 11 229 0.001766692
E 0 181,306,250 0.9679 187,319,196 20 1,500 0.085646161
F1 2 27,102,400 0.9213 29,417,562 10 143 0.005698989
F1 3 28,432,690 0.9602 29,611,216 9 49 0.021599497
F1 4 26,812,080 0.9582 27,981,716 6 15 0.001251552
F1 5 24,958,030 0.9919 25,161,841 4 5 0.002509774
Random Totals: 595,226,730 618,393,267 93 3,336
CATG D1 EXCEPTION VALUES: 16,912,576 20,395,605
CATG J EXCEPTION VALUES: 15,019,685 15,721,178
Total Test Values 627,158,991 654,510,050

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,725,503

Confidence Interval Values(5)

Local Test Value: 627,158,991 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 621,784,547 (State Test Value minus Margin of Error Percent)
State Upper Limit: 687,235,553 (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