taxes Property Tax Assistance

2016 Confidence Interval Detail

223/Terry
223-902/Meadow ISD

Category Summary

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

Stratum
Variance
A 1,277,396 0.4601 2,776,344 9 62 .053677575
A 1,095,671 0.7871 1,392,035 7 18 .007613021
A 1,993,438 0.8239 2,419,515 7 24 .008710104
A 2,732,165 0.8205 3,329,878 5 21 .007017226
E 6,981,256 0.7445 9,377,107 14 160 .048179669
G1 11,243,879 1.0268 10,950,408 8 29 .339823356
Random Totals: 25,323,805   30,245,287 50 314  
Catg J Exception Values: 392,283   452,047      
Catg D1 Exception Values: 17,391,587   17,352,824      
Total Test Values (4): 43,107,675   48,050,158      

Margin of Error

Margin of Error Percent: 8.4106050
Margin of Error Value: 4,041,309

Confidence Interval Values (5)

Local Test Value: 43,107,675 (Outside Confidence Interval)
State Lower Limit: 44,008,849 (State Test Value minus Margin of Error Percent)
State Upper Limit: 52,091,467 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 49,614,669 (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