taxes Property Tax Assistance

2016 Confidence Interval Detail

111/Hood
111-903/Tolar ISD

Category Summary

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

Stratum
Variance
A 10,141,490 1.0581 9,584,623 7 163 .157545407
A 10,144,540 0.8992 11,281,739 6 93 .003867590
A 11,409,640 0.9916 11,506,293 9 79 .006678125
A 16,723,270 0.9888 16,912,692 16 84 .001811203
E 87,125,350 0.9200 94,701,467 13 832 .019878614
Random Totals: 135,544,290   143,986,814 51 1,251  
Catg J Exception Values: 13,498,980   14,993,635      
Catg D1 Exception Values: 6,293,340   4,063,914      
Total Test Values (4): 155,336,610   163,044,363      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,152,218

Confidence Interval Values (5)

State Lower Limit: 154,892,145 (State Test Value minus Margin of Error Percent)
Local Test Value: 155,336,610 (Within Confidence Interval)
State Upper Limit: 171,196,581 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 209,086,352 (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