taxes Property Tax Assistance

2016 Confidence Interval Detail

109/Hill
109-902/Bynum ISD

Category Summary

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

Stratum
Variance
A 2,950,290 0.9097 3,243,146 9 74 .013427100
A 3,313,810 0.9471 3,498,902 7 48 .017550751
A 2,883,770 0.9439 3,055,165 8 29 .015263470
A 3,813,420 0.9477 4,023,868 7 25 .014309153
E 21,601,290 0.9286 23,262,212 17 258 .034513305
L1 3,502,900 1.0463 3,347,893 7 22 .023667530
Random Totals: 38,065,480   40,431,186 55 456  
Catg J Exception Values: 14,610,713   17,154,145      
Catg D1 Exception Values: 8,768,220   13,555,486      
Catg L1 Exception Values: 2,373,860   2,433,155      
Total Test Values (4): 63,818,273   73,573,972      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,678,698

Confidence Interval Values (5)

Local Test Value: 63,818,273 (Outside Confidence Interval)
State Lower Limit: 69,895,274 (State Test Value minus Margin of Error Percent)
State Upper Limit: 77,252,670 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 84,095,704 (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