taxes Property Tax Assistance

2024 Confidence Interval Detail

Williamson County
246-902/Florence 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 98,545,842 0.9508 103,645,185 14 487 0.007023970
A 3 95,587,315 0.9512 100,491,290 13 261 0.015493619
A 4 88,920,771 1.0691 83,173,483 12 163 0.044545667
A 5 141,013,494 0.9338 151,010,381 12 169 0.028004322
E 0 355,652,390 0.9631 369,278,777 20 1,014 0.115077991
F1 2 19,009,777 0.7683 24,742,649 9 52 0.102093635
F1 3 21,627,847 1.0144 21,320,827 7 23 0.001915009
F1 4 22,223,160 0.8838 25,145,010 7 12 0.017448254
F1 5 31,409,184 0.9876 31,803,548 3 4 0.018965105
Random Totals: 873,989,780 910,611,150 97 2,185
CATG D1 EXCEPTION VALUES: 2,754,049 2,472,034
CATG J EXCEPTION VALUES: 4,936 5,176
Total Test Values 876,748,765 913,088,360

Margin of Error

Margin of Error Percent: 6.4016281
Margin of Error Value: 58,452,521

Confidence Interval Values(5)

Local Test Value: 876,748,765 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 854,635,839 (State Test Value minus Margin of Error Percent)
State Upper Limit: 971,540,881 (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