taxes Property Tax Assistance

2016 Confidence Interval Detail

211/Sherman
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 2,568,520 0.7960 3,226,784 9 73 .064913856
A 1,899,830 0.9260 2,051,652 8 28 .026117059
A 2,441,510 1.0093 2,419,013 7 23 .012258010
A 2,148,560 1.0892 1,972,604 5 13 .001673491
G1 3,710,610 0.9652 3,844,395 12 78 .051961274
G1 3,681,520 1.0213 3,604,739 10 30 .046731111
G1 3,996,710 0.9972 4,007,932 8 17 .021631046
G1 3,333,250 0.9912 3,362,843 4 6 .007122057
Random Totals: 23,780,510   24,489,962 63 268  
Catg D1 Exception Values: 33,938,100   37,747,546      
Total Test Values (4): 57,718,610   62,237,508      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,111,875

Confidence Interval Values (5)

Local Test Value: 57,718,610 (Outside Confidence Interval)
State Lower Limit: 59,125,633 (State Test Value minus Margin of Error Percent)
State Upper Limit: 65,349,383 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 93,684,542 (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