taxes Property Tax Assistance

2016 Confidence Interval Detail

185/Parmer
185-902/Farwell ISD

Category Summary

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

Stratum
Variance
A 8,789,393 0.9778 8,988,948 13 189 .025376309
A 8,651,815 1.0618 8,148,253 13 110 .013710760
A 8,715,539 1.1093 7,856,792 12 78 .013397766
A 8,839,653 1.0311 8,573,032 11 56 .014913807
E 26,893,974 1.0260 26,212,450 20 357 .049269786
L1 1,595,391 1.0050 1,587,454 7 31 .000800043
L1 1,432,307 0.9876 1,450,291 5 9 .000760535
L1 1,285,872 0.9771 1,316,009 3 4 .003344628
Random Totals: 66,203,944   64,133,229 84 834  
Catg J Exception Values: 17,004,300   16,306,894      
Catg D1 Exception Values: 17,813,144   18,804,575      
Catg L1 Exception Values: 1,133,220   1,093,125      
Total Test Values (4): 102,154,608   100,337,823      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,016,891

Confidence Interval Values (5)

State Lower Limit: 95,320,932 (State Test Value minus Margin of Error Percent)
Local Test Value: 102,154,608 (Within Confidence Interval)
State Upper Limit: 105,354,714 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 162,513,029 (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