taxes Property Tax Assistance

2016 Confidence Interval Detail

199/Rockwall
199-902/Royse City ISD

Category Summary

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

Stratum
Variance
A 123,620,883 0.9653 128,064,729 67 1,050 .014112027
A 204,479,659 0.9627 212,402,263 47 1,340 .004735484
A 234,744,040 0.9678 242,554,288 70 1,302 .007059440
A 283,724,804 0.9729 291,627,921 74 1,079 .026102372
E 77,755,940 0.9388 82,824,819 16 445 .044613704
F1 18,022,250 0.8280 21,766,002 11 87 .108296142
F1 15,392,427 0.9084 16,944,548 8 27 .021127305
F1 21,244,910 0.9229 23,019,731 8 18 .006222630
Random Totals: 978,984,913   1,019,204,301 301 5,348  
Catg J Exception Values: 29,307,538   32,092,035      
Catg D1 Exception Values: 1,719,482   1,444,577      
Catg F1 Exception Values: 16,969,642   19,658,427      
Total Test Values (4): 1,026,981,575   1,072,399,340      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 53,619,967

Confidence Interval Values (5)

State Lower Limit: 1,018,779,373 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,026,981,575 (Within Confidence Interval)
State Upper Limit: 1,126,019,307 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,022,187,576 (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