taxes Property Tax Assistance

2016 Confidence Interval Detail

109/Hill
109-914/Penelope ISD

Category Summary

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

Stratum
Variance
A 1,446,450 0.9960 1,452,259 7 51 .029044834
A 1,537,690 0.8914 1,725,028 6 29 .048150916
A 1,934,970 0.9300 2,080,613 7 23 .005850923
A 1,596,970 0.9621 1,659,879 5 10 .001836509
E 13,372,980 0.8388 15,942,990 11 238 .012552403
Random Totals: 19,889,060   22,860,769 36 351  
Catg D1 Exception Values: 4,781,230   7,139,446      
Total Test Values (4): 24,670,290   30,000,215      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,500,010

Confidence Interval Values (5)

Local Test Value: 24,670,290 (Outside Confidence Interval)
State Lower Limit: 28,500,205 (State Test Value minus Margin of Error Percent)
State Upper Limit: 31,500,225 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 31,475,264 (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