taxes Property Tax Assistance

2016 Confidence Interval Detail

052/Crane
052-901/Crane ISD

Category Summary

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

Stratum
Variance
A 16,219,470 0.8092 20,043,833 10 423 .091067856
A 17,420,720 0.9303 18,725,916 10 258 .005131950
A 19,237,840 1.0366 18,558,595 12 193 .076776680
A 41,728,260 1.0060 41,479,384 18 249 .030985938
G1 127,831,680 1.0109 126,453,339 15 238 .017133982
G1 131,242,522 1.0305 127,358,100 11 25 .002643398
G1 155,975,472 1.0191 153,052,175 5 6 .000307928
Random Totals: 509,655,964   505,671,342 81 1,392  
Catg J Exception Values: 16,148,860   17,006,661      
Catg D1 Exception Values: 1,579,480   1,316,829      
Catg G1 Exception Values: 95,404,870   95,504,588      
Total Test Values (4): 622,789,174   619,499,420      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 30,974,971

Confidence Interval Values (5)

State Lower Limit: 588,524,449 (State Test Value minus Margin of Error Percent)
Local Test Value: 622,789,174 (Within Confidence Interval)
State Upper Limit: 650,474,391 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 850,950,914 (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