taxes Property Tax Assistance

2016 Confidence Interval Detail

185/Parmer
185-903/Friona ISD

Category Summary

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

Stratum
Variance
A 18,437,463 0.9526 19,354,885 10 443 .054237965
A 18,300,725 0.9104 20,101,851 10 246 .049537659
A 18,413,431 0.9480 19,423,450 9 172 .016471483
A 18,178,248 0.9733 18,676,922 9 107 .004303637
E 28,965,758 0.9975 29,038,354 16 543 .026514778
L1 3,554,108 0.9657 3,680,344 11 85 .016492299
L1 3,256,516 1.0322 3,154,927 7 16 .006163236
L1 3,159,371 1.0136 3,116,980 5 7 .000725585
L1 3,165,485 1.0027 3,156,961 2 3 .000015650
Random Totals: 115,431,105   119,704,674 79 1,622  
Catg J Exception Values: 23,610,510   22,650,943      
Catg D1 Exception Values: 28,542,921   29,874,144      
Total Test Values (4): 167,584,536   172,229,761      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,611,488

Confidence Interval Values (5)

State Lower Limit: 163,618,273 (State Test Value minus Margin of Error Percent)
Local Test Value: 167,584,536 (Within Confidence Interval)
State Upper Limit: 180,841,249 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 347,162,839 (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