taxes Property Tax Assistance

2024 Confidence Interval Detail

Ellis County
070-907/Italy 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 47,259,335 0.9630 49,075,114 12 298 0.026492406
A 3 43,909,887 0.9324 47,093,401 14 204 0.012558651
A 4 35,808,468 0.9506 37,669,333 13 131 0.006716744
A 5 24,382,031 0.9997 24,389,348 12 63 0.019545234
E 0 97,370,638 0.9652 100,881,308 20 362 0.024181575
F1 2 9,234,601 0.6942 13,302,508 8 35 0.360402722
F1 3 12,799,761 1.0566 12,114,103 6 13 0.010011757
F1 4 16,542,585 0.9025 18,329,734 4 8 0.031574406
Random Totals: 287,307,306 302,854,849 89 1,114
CATG D1 EXCEPTION VALUES: 6,438,117 2,635,506
CATG F1 EXCEPTION VALUES: 9,600,000 8,631,604
Total Test Values 303,345,423 314,121,959

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,706,098

Confidence Interval Values(5)

Local Test Value: 303,345,423 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 298,415,861 (State Test Value minus Margin of Error Percent)
State Upper Limit: 329,828,057 (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