taxes Property Tax Assistance

2016 Confidence Interval Detail

127/Jones
127-904/Hawley ISD

Category Summary

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

Stratum
Variance
A 3,899,870 0.8850 4,406,633 9 81 .079306352
A 4,030,150 0.9990 4,034,184 8 48 .067235189
A 4,115,240 1.0980 3,747,942 8 35 .013776251
A 3,769,870 1.1214 3,361,753 7 21 .045631367
E 96,952,350 0.9587 101,128,977 20 1,315 .036667514
Random Totals: 112,767,480   116,679,489 52 1,500  
Catg J Exception Values: 1,679,350   1,764,241      
Catg D1 Exception Values: 2,682,560   2,355,854      
Total Test Values (4): 117,129,390   120,799,584      

Margin of Error

Margin of Error Percent: 7.2143874
Margin of Error Value: 8,714,950

Confidence Interval Values (5)

State Lower Limit: 112,084,634 (State Test Value minus Margin of Error Percent)
Local Test Value: 117,129,390 (Within Confidence Interval)
State Upper Limit: 129,514,534 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 139,257,596 (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