taxes Property Tax Assistance

2016 Confidence Interval Detail

211/Sherman
171-902/Sunray ISD

Category Summary

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

Stratum
Variance
E 3,938,290 0.9782 4,026,058 14 73 .006441455
G1 3,179,030 1.0118 3,141,955 10 33 .015273113
G1 3,188,920 1.0508 3,034,754 8 18 .026794761
G1 3,170,200 0.9815 3,229,954 7 12 .003674466
G1 2,931,530 1.0530 2,783,979 4 6 .007431341
Random Totals: 16,407,970   16,216,700 43 142  
Catg D1 Exception Values: 22,922,270   24,255,902      
Total Test Values (4): 39,330,240   40,472,602      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,023,630

Confidence Interval Values (5)

State Lower Limit: 38,448,972 (State Test Value minus Margin of Error Percent)
Local Test Value: 39,330,240 (Within Confidence Interval)
State Upper Limit: 42,496,232 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 45,066,831 (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