taxes Property Tax Assistance

2016 Confidence Interval Detail

180/Oldham
180-903/Adrian ISD

Category Summary

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

Stratum
Variance
A 892,510 0.9322 957,423 8 33 .005903213
A 722,030 0.9589 752,977 6 11 .084570296
A 945,020 1.0076 937,892 4 9 .020275704
A 1,018,310 0.9721 1,047,536 3 5 .006658781
D2 1,058,950 1.0088 1,049,713 12 49 .013747871
E 2,739,070 0.9479 2,889,619 11 43 .017481423
Random Totals: 7,375,890   7,635,160 44 150  
Catg D1 Exception Values: 12,893,510   13,674,161      
Total Test Values (4): 20,269,400   21,309,321      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,065,466

Confidence Interval Values (5)

State Lower Limit: 20,243,855 (State Test Value minus Margin of Error Percent)
Local Test Value: 20,269,400 (Within Confidence Interval)
State Upper Limit: 22,374,787 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 40,295,884 (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