taxes Property Tax Assistance

2016 Confidence Interval Detail

199/Rockwall
199-901/Rockwall ISD

Category Summary

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

Stratum
Variance
A 1,006,036,764 0.9349 1,076,090,239 90 6,205 .009654679
A 1,589,297,354 0.9719 1,635,247,818 97 6,895 .011111032
A 1,578,260,744 0.9537 1,654,881,770 94 4,992 .007669123
A 1,658,503,375 0.9870 1,680,347,898 100 2,966 .007996005
E 279,837,295 0.9307 300,674,003 12 988 .011255130
F1 281,210,322 0.9016 311,901,422 9 368 .020450793
F1 284,452,610 0.8169 348,209,830 9 121 .020526437
F1 297,617,288 0.9418 316,009,013 11 48 .009750034
F1 303,248,425 0.8563 354,138,065 6 14 .034127963
L1 77,874,190 1.0842 71,826,407 10 597 .081311169
L1 94,553,660 1.0446 90,516,619 9 142 .030924404
L1 89,861,647 1.0512 85,484,824 7 26 .001504066
L1 73,263,965 0.9562 76,619,917 3 4 .001879826
Random Totals: 7,614,017,639   8,001,947,825 457 23,366  
Catg D1 Exception Values: 2,088,470   1,559,391      
Total Test Values (4): 7,616,106,109   8,003,507,216      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 400,175,360

Confidence Interval Values (5)

State Lower Limit: 7,603,331,856 (State Test Value minus Margin of Error Percent)
Local Test Value: 7,616,106,109 (Within Confidence Interval)
State Upper Limit: 8,403,682,576 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 7,656,199,577 (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