taxes Property Tax Assistance

2016 Confidence Interval Detail

177/Nolan
177-905/Highland ISD

Category Summary

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

Stratum
Variance
E 17,144,740 0.9348 18,340,543 13 358 .019094485
G1 3,517,189 1.0175 3,456,697 6 18 .003659508
G1 3,896,060 1.0081 3,864,755 2 3 .002146689
Random Totals: 24,557,989   25,661,995 21 379  
Catg J Exception Values: 6,777,080   7,001,173      
Catg D1 Exception Values: 8,097,530   9,886,987      
Catg G1 Exception Values: 10,444,390   9,414,211      
Total Test Values (4): 49,876,989   51,964,366      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,598,218

Confidence Interval Values (5)

State Lower Limit: 49,366,148 (State Test Value minus Margin of Error Percent)
Local Test Value: 49,876,989 (Within Confidence Interval)
State Upper Limit: 54,562,584 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 248,547,366 (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