taxes Property Tax Assistance

2016 Confidence Interval Detail

075/Fayette
075-906/Fayetteville ISD

Category Summary

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

Stratum
Variance
A 7,047,410 0.8849 7,964,075 9 91 .049304892
A 11,374,060 0.9959 11,420,886 9 92 .013394258
A 9,921,581 0.9215 10,766,773 10 60 .043504299
A 19,705,360 0.9518 20,703,257 9 85 .064765153
E 99,159,828 0.9344 106,121,391 15 780 .108206420
Random Totals: 147,208,239   156,976,382 52 1,108  
Catg J Exception Values: 947,290   1,204,043      
Catg D1 Exception Values: 3,444,935   3,024,550      
Total Test Values (4): 151,600,464   161,204,975      

Margin of Error

Margin of Error Percent: 11.3823820
Margin of Error Value: 18,348,966

Confidence Interval Values (5)

State Lower Limit: 142,856,009 (State Test Value minus Margin of Error Percent)
Local Test Value: 151,600,464 (Within Confidence Interval)
State Upper Limit: 179,553,941 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 183,930,070 (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