taxes Property Tax Assistance

2016 Confidence Interval Detail

197/Roberts
197-902/Miami ISD

Category Summary

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

Stratum
Variance
G1 67,242,184 0.9762 68,881,565 15 391 .039906909
G1 67,288,864 0.9929 67,770,031 15 83 .054588371
G1 68,698,018 1.0241 67,081,357 13 37 .032764140
G1 65,407,679 0.9987 65,492,820 10 18 .037747642
Random Totals: 268,636,745   269,225,773 53 529  
Catg J Exception Values: 24,739,453   24,295,709      
Catg D1 Exception Values: 23,114,020   27,063,124      
Total Test Values (4): 316,490,218   320,584,606      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,029,230

Confidence Interval Values (5)

State Lower Limit: 304,555,376 (State Test Value minus Margin of Error Percent)
Local Test Value: 316,490,218 (Within Confidence Interval)
State Upper Limit: 336,613,836 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 458,816,584 (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