taxes Property Tax Assistance

2016 Confidence Interval Detail

040/Cochran
040-902/Whiteface CISD

Category Summary

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

Stratum
Variance
G1 43,116,972 0.9781 44,082,376 8 48 .046707446
G1 44,738,355 0.9923 45,085,513 5 8 .003774880
G1 37,216,058 0.9867 37,717,703 2 3 .000424584
Random Totals: 125,071,385   126,885,592 15 59  
Catg D1 Exception Values: 23,803,659   21,878,686      
Catg G1 Exception Values: 36,228,679   35,780,020      
Total Test Values (4): 185,103,723   184,544,298      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,227,214

Confidence Interval Values (5)

State Lower Limit: 175,317,084 (State Test Value minus Margin of Error Percent)
Local Test Value: 185,103,723 (Within Confidence Interval)
State Upper Limit: 193,771,512 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 238,004,821 (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