taxes Property Tax Assistance

2016 Confidence Interval Detail

129/Kaufman
129-902/Forney ISD

Category Summary

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

Stratum
Variance
A 224,399,450 0.9098 246,647,010 74 1,710 .023263965
A 445,202,308 0.9441 471,562,661 98 2,731 .015021307
A 646,535,282 0.9701 666,462,511 99 3,208 .006206875
A 1,021,192,921 0.9785 1,043,630,987 100 3,578 .012603217
F1 49,828,420 0.9060 54,998,256 10 128 .030633637
F1 52,057,260 0.7331 71,009,767 9 46 .085071581
F1 49,390,439 0.8565 57,665,428 6 18 .046737165
F1 55,228,920 0.9566 57,734,602 4 7 .000587273
Random Totals: 2,543,835,000   2,669,711,222 400 11,426  
Catg D1 Exception Values: 4,298,860   4,111,925      
Total Test Values (4): 2,548,133,860   2,673,823,147      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 133,691,157

Confidence Interval Values (5)

State Lower Limit: 2,540,131,990 (State Test Value minus Margin of Error Percent)
Local Test Value: 2,548,133,860 (Within Confidence Interval)
State Upper Limit: 2,807,514,304 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,068,933,561 (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