taxes Property Tax Assistance

2016 Confidence Interval Detail

040/Cochran
040-901/Morton ISD

Category Summary

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

Stratum
Variance
A 4,431,675 0.6609 6,705,515 13 331 .017616813
A 4,196,341 0.7693 5,454,752 13 140 .013404954
A 4,290,915 0.7628 5,625,216 11 84 .003541283
A 4,791,465 0.8051 5,951,391 10 57 .037181818
E 7,146,785 0.6970 10,253,637 18 313 .122083427
F1 952,562 0.6767 1,407,658 9 64 .069280928
F1 931,798 0.7006 1,330,000 9 21 .060123035
F1 995,449 0.7463 1,333,846 5 10 .071131331
F1 888,626 0.9297 955,820 2 3 .151447036
G1 1,336,489 0.9304 1,436,467 11 24 .075807322
L1 886,476 0.9723 911,731 8 30 .001310023
L1 1,295,201 1.0453 1,239,071 6 14 .021573287
L1 533,546 0.9999 533,599 3 3 .000694646
Random Totals: 32,677,328   43,138,703 118 1,094  
Catg D1 Exception Values: 17,224,469   15,238,157      
Catg G1 Exception Values: 2,192,399   2,234,282      
Catg L1 Exception Values: 1,990,090   1,949,414      
Total Test Values (4): 54,084,286   62,560,556      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,128,027

Confidence Interval Values (5)

Local Test Value: 54,084,286 (Outside Confidence Interval)
State Lower Limit: 59,432,529 (State Test Value minus Margin of Error Percent)
State Upper Limit: 65,688,583 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 60,680,911 (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