taxes Property Tax Assistance

2016 Confidence Interval Detail

127/Jones
127-903/Hamlin ISD

Category Summary

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

Stratum
Variance
A 7,886,280 1.0282 7,669,986 18 357 .074590103
A 7,837,660 1.0021 7,821,235 16 174 .021305325
A 8,241,480 1.0040 8,208,645 15 111 .031140457
A 7,743,380 1.1461 6,756,287 15 67 .022192576
E 6,201,430 0.7847 7,902,931 15 261 .068086670
F1 1,604,330 1.0151 1,580,465 10 60 .083273504
F1 1,569,060 1.0066 1,558,772 7 18 .026898022
F1 1,600,710 1.0398 1,539,440 4 8 .007510849
Random Totals: 42,684,330   43,037,761 100 1,056  
Catg J Exception Values: 1,562,100   1,651,010      
Catg D1 Exception Values: 3,907,450   3,569,064      
Catg F1 Exception Values: 1,313,280   1,234,287      
Total Test Values (4): 49,467,160   49,492,122      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,474,606

Confidence Interval Values (5)

State Lower Limit: 47,017,516 (State Test Value minus Margin of Error Percent)
Local Test Value: 49,467,160 (Within Confidence Interval)
State Upper Limit: 51,966,728 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 87,147,171 (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