taxes Property Tax Assistance

2016 Confidence Interval Detail

123/Jefferson
123-914/Hamshire-Fannett ISD

Category Summary

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

Stratum
Variance
A 100,539,040 0.9276 108,386,201 10 1,168 .008506976
A 101,711,270 0.9488 107,199,905 12 643 .003119042
A 107,778,130 0.9609 112,163,732 15 477 .003899495
A 111,724,670 0.9819 113,784,163 11 335 .000538837
E 75,335,280 0.9851 76,474,754 16 1,108 .024145901
G1 3,876,051 0.9573 4,048,941 7 23 .182587041
G1 3,938,410 1.0554 3,731,675 4 6 .016815179
G1 4,514,291 1.0447 4,321,136 2 3 .002143790
Random Totals: 509,417,142   530,110,507 77 3,763  
Catg J Exception Values: 5,399,231   6,127,565      
Catg D1 Exception Values: 12,807,240   10,577,695      
Catg G1 Exception Values: 6,736,001   6,509,734      
Total Test Values (4): 534,359,614   553,325,501      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,666,275

Confidence Interval Values (5)

State Lower Limit: 525,659,226 (State Test Value minus Margin of Error Percent)
Local Test Value: 534,359,614 (Within Confidence Interval)
State Upper Limit: 580,991,776 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 665,556,618 (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