taxes Property Tax Assistance

2024 Confidence Interval Detail

Erath County
072-903/Stephenville 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 2 278,604,380 0.9196 302,962,571 35 1,734 0.010728180
A 3 314,912,420 0.9690 324,987,018 44 1,298 0.008499998
A 4 406,730,060 0.9927 409,721,023 55 1,261 0.009764284
A 5 460,828,010 0.9998 460,920,194 44 849 0.006461727
B 2 81,801,570 1.0097 81,015,718 10 233 0.001540711
B 3 67,340,000 0.9946 67,705,610 8 29 0.006771763
B 4 73,948,310 0.9698 76,251,093 5 8 0.005816528
E 0 773,444,780 0.9342 827,922,051 51 2,231 0.053075520
F1 2 107,664,320 0.9732 110,629,182 10 365 0.009919365
F1 3 112,888,960 0.9794 115,263,386 11 155 0.008056428
F1 4 117,002,730 1.0028 116,676,037 8 70 0.004353593
F1 5 123,509,910 0.9940 124,255,443 8 19 0.001738210
L1 2 44,135,510 1.0155 43,461,851 10 398 0.002649979
L1 3 55,504,110 1.0254 54,129,228 10 100 0.002326525
L1 4 50,679,770 0.9980 50,781,333 8 29 0.001754533
L1 5 105,715,830 1.0320 102,437,820 4 9 0.004747469
Random Totals: 3,174,710,670 3,269,119,558 321 8,788
CATG B EXCEPTION VALUES: 74,666,710 74,368,346
CATG D1 EXCEPTION VALUES: 15,127,150 12,650,920
CATG J EXCEPTION VALUES: 5,423,810 5,522,796
Total Test Values 3,269,928,340 3,361,661,620

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 168,083,081

Confidence Interval Values(5)

Local Test Value: 3,269,928,340 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,193,578,539 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,529,744,701 (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