taxes Property Tax Assistance

2016 Confidence Interval Detail

107/Henderson
001-904/Frankston ISD

Category Summary

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

Stratum
Variance
A 17,611,940 1.0532 16,722,313 12 261 .027086634
A 17,513,410 1.0292 17,016,527 10 126 .009071301
A 18,411,060 0.9911 18,576,390 9 89 .004490054
A 19,176,060 1.0000 19,176,060 8 47 .006728598
C1 1,412,130 1.0168 1,388,798 12 249 .059588062
C1 1,335,850 1.0771 1,240,228 11 65 .114191546
C1 1,164,910 1.0300 1,130,981 7 26 .010935599
C1 1,393,740 0.9953 1,400,322 6 13 .013903836
E 18,290,310 1.0246 17,851,171 15 172 .021385426
Random Totals: 96,309,410   94,502,790 90 1,048  
Catg D1 Exception Values: 909,200   1,099,026      
Catg G1 Exception Values: 3,096,592   3,201,039      
Total Test Values (4): 100,315,202   98,802,855      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,940,142

Confidence Interval Values (5)

State Lower Limit: 93,862,713 (State Test Value minus Margin of Error Percent)
Local Test Value: 100,315,202 (Within Confidence Interval)
State Upper Limit: 103,742,997 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 84,141,285 (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