taxes Property Tax Assistance

2016 Confidence Interval Detail

111/Hood
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 5,669,030 0.9724 5,829,936 7 112 .001544465
A 4,684,420 0.9247 5,065,881 6 55 .001104721
A 5,431,920 0.9298 5,842,031 7 44 .001570111
A 5,944,100 0.9434 6,300,721 6 30 .002670284
E 38,758,030 0.9269 41,814,683 15 504 .005292157
Random Totals: 60,487,500   64,853,252 41 745  
Catg J Exception Values: 1,083,520   1,277,344      
Catg D1 Exception Values: 3,572,000   2,214,015      
Total Test Values (4): 65,143,020   68,344,611      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,417,230

Confidence Interval Values (5)

State Lower Limit: 64,927,381 (State Test Value minus Margin of Error Percent)
Local Test Value: 65,143,020 (Within Confidence Interval)
State Upper Limit: 71,761,841 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 116,596,292 (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