taxes Property Tax Assistance

2016 Confidence Interval Detail

039/Clay
039-905/Midway ISD

Category Summary

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

Stratum
Variance
A 2,177,730 1.0257 2,123,165 9 71 .050397702
A 2,187,900 0.9644 2,268,664 7 36 .004463682
A 2,127,700 1.0370 2,051,784 7 22 .008848107
A 2,479,540 1.0663 2,325,368 5 14 .010754521
E 25,378,530 1.0767 23,570,660 14 518 .025980996
G1 3,306,060 0.9578 3,451,723 12 86 .084941459
G1 3,314,920 1.0018 3,308,964 9 22 .010756799
G1 3,256,670 1.0035 3,245,311 6 10 .022181056
G1 3,238,750 1.0088 3,210,498 3 4 .038085443
Random Totals: 47,467,800   45,556,137 72 783  
Catg J Exception Values: 7,965,630   8,872,259      
Catg D1 Exception Values: 11,539,240   10,318,972      
Total Test Values (4): 66,972,670   64,747,368      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,237,368

Confidence Interval Values (5)

State Lower Limit: 61,510,000 (State Test Value minus Margin of Error Percent)
Local Test Value: 66,972,670 (Within Confidence Interval)
State Upper Limit: 67,984,736 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 71,581,782 (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