taxes Property Tax Assistance

2016 Confidence Interval Detail

028/Caldwell
028-906/Prairie Lea ISD

Category Summary

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

Stratum
Variance
A 2,802,630 0.9020 3,107,129 9 64 .006044910
A 3,264,440 0.9670 3,375,843 8 45 .005277020
A 3,235,020 0.9924 3,259,794 8 31 .004704131
A 3,471,140 0.9906 3,504,078 6 20 .007358522
E 31,474,966 0.9384 33,541,098 15 570 .031778444
G1 4,254,516 1.0223 4,161,710 8 17 .047409843
G1 3,164,827 1.0185 3,107,341 3 4 .024593738
Random Totals: 51,667,539   54,056,993 57 751  
Catg J Exception Values: 523,231   729,979      
Catg D1 Exception Values: 1,392,730   1,438,746      
Catg G1 Exception Values: 6,966,303   6,741,501      
Total Test Values (4): 60,549,803   62,967,219      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,148,360

Confidence Interval Values (5)

State Lower Limit: 59,818,859 (State Test Value minus Margin of Error Percent)
Local Test Value: 60,549,803 (Within Confidence Interval)
State Upper Limit: 66,115,579 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 112,110,835 (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