taxes Property Tax Assistance

2024 Confidence Interval Detail

Ellis County
070-910/Palmer 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 2 118,484,656 0.9906 119,608,980 14 602 0.031162799
A 3 133,144,247 0.9851 135,158,103 14 420 0.010064073
A 4 119,050,614 0.9758 122,003,089 13 278 0.007829625
A 5 91,742,503 1.0174 90,173,484 14 155 0.008491730
E 0 263,491,973 0.9567 275,417,553 20 757 0.015133345
Random Totals: 725,913,993 742,361,209 75 2,212
CATG D1 EXCEPTION VALUES: 4,713,802 1,762,227
Total Test Values 730,627,795 744,123,436

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 37,206,172

Confidence Interval Values(5)

Local Test Value: 730,627,795 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 706,917,264 (State Test Value minus Margin of Error Percent)
State Upper Limit: 781,329,608 (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