taxes Property Tax Assistance

2016 Confidence Interval Detail

208/Scurry
208-901/Hermleigh ISD

Category Summary

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

Stratum
Variance
A 2,973,648 0.9917 2,998,536 9 75 .008198332
A 2,675,896 0.9850 2,716,646 8 31 .003246124
A 2,789,675 0.9724 2,868,855 7 19 .006030669
A 2,786,239 0.9988 2,789,587 4 12 .000785673
E 20,894,026 1.0247 20,390,384 15 260 .018729921
G1 5,285,924 0.9636 5,485,600 15 44 .228481576
Random Totals: 37,405,408   37,249,608 58 441  
Catg J Exception Values: 18,935,960   19,636,220      
Catg D1 Exception Values: 8,857,623   8,397,141      
Catg G1 Exception Values: 2,245,869   2,146,362      
Total Test Values (4): 67,444,860   67,429,331      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,371,466

Confidence Interval Values (5)

State Lower Limit: 64,057,865 (State Test Value minus Margin of Error Percent)
Local Test Value: 67,444,860 (Within Confidence Interval)
State Upper Limit: 70,800,797 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 128,601,025 (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