taxes Property Tax Assistance

2016 Confidence Interval Detail

067/Eastland
067-904/Gorman ISD

Category Summary

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

Stratum
Variance
A 6,906,710 0.8868 7,788,351 11 233 .060825781
A 6,127,860 0.9261 6,616,845 9 106 .046739731
A 6,407,540 0.8094 7,916,407 9 60 .027094034
A 8,289,700 1.1990 6,913,845 7 31 .066105924
E 22,232,340 1.0478 21,218,114 14 419 .028862484
Random Totals: 49,964,150   50,453,562 50 849  
Catg J Exception Values: 4,554,070   4,522,071      
Catg D1 Exception Values: 3,365,500   3,923,768      
Total Test Values (4): 57,883,720   58,899,401      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,944,970

Confidence Interval Values (5)

State Lower Limit: 55,954,431 (State Test Value minus Margin of Error Percent)
Local Test Value: 57,883,720 (Within Confidence Interval)
State Upper Limit: 61,844,371 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 93,362,293 (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