taxes Property Tax Assistance

2016 Confidence Interval Detail

190/Rains
190-903/Rains ISD

Category Summary

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

Stratum
Variance
A 61,584,502 1.0301 59,784,974 18 1,421 .015212050
A 63,975,703 0.9374 68,248,030 19 735 .033509765
A 66,602,914 0.9025 73,798,243 21 436 .013007472
A 67,197,744 0.8624 77,919,462 16 246 .024425443
E 178,637,304 0.8190 218,116,366 33 2,578 .143320556
F1 9,571,426 0.8508 11,249,913 9 113 .068444102
F1 12,745,322 0.9402 13,555,969 8 65 .015908795
F1 14,148,001 0.9116 15,519,966 7 28 .007742326
F1 10,031,916 0.9597 10,453,179 4 5 .005877804
Random Totals: 484,494,832   548,646,102 135 5,627  
Catg D1 Exception Values: 12,726,800   8,899,024      
Total Test Values (4): 497,221,632   557,545,126      

Margin of Error

Margin of Error Percent: 5.3113923
Margin of Error Value: 29,613,409

Confidence Interval Values (5)

Local Test Value: 497,221,632 (Outside Confidence Interval)
State Lower Limit: 527,931,717 (State Test Value minus Margin of Error Percent)
State Upper Limit: 587,158,535 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 541,105,497 (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