taxes Property Tax Assistance

2016 Confidence Interval Detail

198/Robertson
198-905/Hearne ISD

Category Summary

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

Stratum
Variance
A 20,928,987 0.8452 24,762,171 7 680 .043057787
A 18,973,702 0.9586 19,793,138 9 341 .020892445
A 24,618,157 0.8455 29,116,685 8 298 .028369744
A 41,304,051 0.8578 48,151,144 7 256 .040530422
E 78,104,899 0.9336 83,659,918 12 869 .030331074
F1 8,993,905 0.9454 9,513,333 9 95 .011090590
F1 8,091,145 0.7702 10,505,252 7 19 .118974947
G1 6,066,052 0.9684 6,263,994 7 28 .016673143
G1 6,017,427 1.0325 5,828,016 5 11 .040636922
G1 6,584,833 1.0384 6,341,326 4 6 .011004526
G1 4,880,302 1.0086 4,838,689 2 3 .006187788
Random Totals: 224,563,460   248,773,666 77 2,606  
Catg J Exception Values: 7,970,243   9,620,043      
Catg D1 Exception Values: 6,612,198   6,761,950      
Catg F1 Exception Values: 14,299,088   19,537,155      
Total Test Values (4): 253,444,989   284,692,814      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,234,640

Confidence Interval Values (5)

Local Test Value: 253,444,989 (Outside Confidence Interval)
State Lower Limit: 270,458,174 (State Test Value minus Margin of Error Percent)
State Upper Limit: 298,927,454 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 320,759,429 (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