taxes Property Tax Assistance

2016 Confidence Interval Detail

067/Eastland
067-903/Eastland ISD

Category Summary

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

Stratum
Variance
A 33,894,390 0.9336 36,305,045 18 714 .025583208
A 32,878,570 0.9118 36,058,971 18 395 .045602150
A 40,085,890 0.8489 47,220,980 11 305 .028971486
A 46,890,590 1.1153 42,043,029 9 180 .045123246
E 95,481,110 0.9282 102,866,958 13 1,590 .025314458
F1 17,219,840 0.9633 17,875,885 9 136 .003327569
F1 16,949,900 1.0005 16,941,429 8 49 .001244209
F1 18,502,850 1.0067 18,379,706 7 22 .001896887
F1 20,590,960 1.0878 18,928,994 3 5 .003036166
L1 3,770,670 0.9562 3,943,391 9 120 .077418798
L1 4,514,010 0.9272 4,868,432 8 39 .092218922
L1 4,635,940 1.0375 4,468,376 6 18 .038682221
L1 7,728,050 0.8914 8,669,565 4 7 .040706756
Random Totals: 343,142,770   358,570,761 123 3,580  
Catg J Exception Values: 21,992,560   21,643,728      
Catg D1 Exception Values: 10,719,390   13,244,517      
Total Test Values (4): 375,854,720   393,459,006      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,672,950

Confidence Interval Values (5)

State Lower Limit: 373,786,056 (State Test Value minus Margin of Error Percent)
Local Test Value: 375,854,720 (Within Confidence Interval)
State Upper Limit: 413,131,956 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 459,030,229 (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