taxes Property Tax Assistance

2016 Confidence Interval Detail

062/Dewitt
062-902/Nordheim ISD

Category Summary

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

Stratum
Variance
G1 62,479,881 1.0457 59,749,336 16 52 .016174623
G1 61,120,280 1.0142 60,264,524 11 21 .011467505
G1 65,255,993 1.0040 64,996,009 9 13 .008433871
G1 56,508,630 1.0388 54,397,988 3 4 .000507985
Random Totals: 245,364,784   239,407,857 39 90  
Catg J Exception Values: 111,470   108,361      
Catg D1 Exception Values: 3,662,600   4,231,023      
Catg G1 Exception Values: 81,013,083   74,858,526      
Total Test Values (4): 330,151,937   318,605,767      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,930,288

Confidence Interval Values (5)

State Lower Limit: 302,675,479 (State Test Value minus Margin of Error Percent)
Local Test Value: 330,151,937 (Within Confidence Interval)
State Upper Limit: 334,536,055 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 487,728,429 (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