taxes Property Tax Assistance

2016 Confidence Interval Detail

179/Ochiltree
098-904/Spearman ISD

Category Summary

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

Stratum
Variance
G1 12,827,950 0.9724 13,192,051 15 61 .105192932
G1 11,947,960 1.0104 11,824,980 9 13 .024621365
G1 13,000,700 0.9887 13,149,287 6 8 .030552411
Random Totals: 37,776,610   38,166,318 30 82  
Catg J Exception Values: 558,510   622,274      
Catg D1 Exception Values: 12,680,190   11,572,728      
Catg G1 Exception Values: 11,078,120   10,994,886      
Total Test Values (4): 62,093,430   61,356,206      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,067,810

Confidence Interval Values (5)

State Lower Limit: 58,288,396 (State Test Value minus Margin of Error Percent)
Local Test Value: 62,093,430 (Within Confidence Interval)
State Upper Limit: 64,424,016 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 122,806,647 (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