taxes Property Tax Assistance

2016 Confidence Interval Detail

067/Eastland
067-902/Cisco ISD

Category Summary

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

Stratum
Variance
A 17,408,140 0.9507 18,310,866 10 549 .018028919
A 20,020,270 1.0123 19,777,013 18 388 .023071881
A 21,855,080 1.0823 20,193,181 10 279 .024419205
A 22,552,650 1.0578 21,320,335 9 158 .022921957
E 72,144,060 1.0439 69,110,125 16 1,152 .066425667
F1 7,523,720 0.8058 9,336,957 10 97 .240127120
F1 7,010,560 0.9066 7,732,804 6 17 .030824177
F1 5,059,350 0.9856 5,133,269 3 4 .003265657
Random Totals: 173,573,830   170,914,550 82 2,644  
Catg J Exception Values: 11,960,300   10,619,401      
Catg D1 Exception Values: 7,785,210   9,856,959      
Catg F1 Exception Values: 10,893,420   10,639,484      
Total Test Values (4): 204,212,760   202,030,394      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,101,519

Confidence Interval Values (5)

State Lower Limit: 191,928,875 (State Test Value minus Margin of Error Percent)
Local Test Value: 204,212,760 (Within Confidence Interval)
State Upper Limit: 212,131,913 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 526,232,103 (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