taxes Property Tax Assistance

2016 Confidence Interval Detail

109/Hill
109-907/Itasca ISD

Category Summary

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

Stratum
Variance
A 11,792,470 0.9687 12,173,501 10 291 .029432850
A 12,217,550 0.9374 13,033,444 9 173 .004636683
A 13,763,251 1.0479 13,134,126 9 133 .037378626
A 13,533,680 0.9476 14,282,060 9 66 .007671382
E 63,343,506 1.0194 62,138,028 14 788 .083646606
F1 2,072,520 0.8717 2,377,561 8 35 .104991308
F1 2,602,590 0.9508 2,737,263 7 14 .008278734
F1 2,404,850 0.9347 2,572,858 5 6 .011309343
G1 2,309,359 1.0003 2,308,666 7 26 .101297009
G1 2,485,761 0.9670 2,570,590 5 11 .070163397
G1 2,183,470 0.9728 2,244,521 4 7 .004591442
G1 2,191,649 0.9546 2,295,882 3 5 .010793172
L1 1,828,350 1.0522 1,737,645 7 18 .021374681
L1 2,206,110 1.1272 1,957,159 3 7 .030945883
L1 15,387,430 0.9811 15,683,855 5 9 .001383965
Random Totals: 150,322,546   151,247,159 105 1,589  
Catg J Exception Values: 11,124,737   12,896,860      
Catg D1 Exception Values: 10,959,532   14,969,394      
Catg F1 Exception Values: 2,835,660   2,817,595      
Total Test Values (4): 175,242,475   181,931,008      

Margin of Error

Margin of Error Percent: 5.3696377
Margin of Error Value: 9,769,036

Confidence Interval Values (5)

State Lower Limit: 172,161,972 (State Test Value minus Margin of Error Percent)
Local Test Value: 175,242,475 (Within Confidence Interval)
State Upper Limit: 191,700,044 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 181,781,319 (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