taxes Property Tax Assistance

2016 Confidence Interval Detail

112/Hopkins
112-901/Sulphur Springs ISD

Category Summary

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

Stratum
Variance
A 128,200,680 0.9500 134,948,084 45 2,313 .014268657
A 121,953,280 0.9408 129,627,211 37 1,329 .009743254
A 137,884,110 0.9486 145,355,376 66 994 .005812881
A 121,709,290 0.9793 124,281,926 18 487 .000745328
E 226,196,850 0.9090 248,841,419 36 2,417 .020747304
F1 51,455,070 1.0157 50,659,713 15 351 .062728796
F1 50,265,790 0.9917 50,686,488 8 114 .022115188
F1 51,234,070 0.8471 60,481,726 8 42 .019129926
F1 46,773,400 0.9261 50,505,777 6 14 .017126257
L1 31,799,400 0.9362 33,966,460 10 297 .021108137
L1 39,002,070 1.0278 37,947,140 8 53 .011571890
L1 22,626,840 1.0050 22,514,269 6 10 .002671750
L1 23,342,850 0.9889 23,604,864 3 4 .000174834
Random Totals: 1,052,443,700   1,113,420,453 266 8,425  
Catg D1 Exception Values: 16,485,370   16,884,225      
Total Test Values (4): 1,068,929,070   1,130,304,678      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 56,515,233

Confidence Interval Values (5)

Local Test Value: 1,068,929,070 (Outside Confidence Interval)
State Lower Limit: 1,073,789,445 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,186,819,911 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,261,861,984 (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