taxes Property Tax Assistance

2016 Confidence Interval Detail

043/Collin
043-904/Farmersville ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 48,689,516 1.0057 48,413,559 14 750 .015051919
A 65,602,721 0.9736 67,381,595 27 567 .021795994
A 65,689,795 0.9677 67,882,396 17 365 .010375833
A 99,713,874 0.9900 100,721,085 32 345 .006064191
E 114,669,083 1.0148 112,996,731 17 985 .001253049
F1 6,944,561 0.9615 7,222,632 9 57 .006236526
F1 6,112,898 0.9661 6,327,397 7 18 .003740268
F1 7,675,212 1.0009 7,668,311 5 9 .003885372
Random Totals: 415,097,660   418,613,706 128 3,096  
Catg J Exception Values: 16,644,883   18,109,852      
Catg D1 Exception Values: 4,091,571   2,982,417      
Catg F1 Exception Values: 11,792,667   13,262,485      
Total Test Values (4): 447,626,781   452,968,460      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,648,423

Confidence Interval Values (5)

State Lower Limit: 430,320,037 (State Test Value minus Margin of Error Percent)
Local Test Value: 447,626,781 (Within Confidence Interval)
State Upper Limit: 475,616,883 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 445,899,836 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories