taxes Property Tax Assistance

2016 Confidence Interval Detail

216/Sterling
216-901/Sterling City ISD

Category Summary

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

Stratum
Variance
A 4,382,500 0.6244 7,018,738 9 151 .021351639
A 4,737,910 0.7124 6,650,632 9 80 .026360902
A 4,116,840 0.7514 5,478,893 8 37 .025919301
A 4,330,590 0.9133 4,741,695 7 18 .008595044
G1 14,640,030 1.0160 14,409,478 15 465 .091788706
G1 14,701,440 0.9567 15,366,823 15 99 .106639109
G1 15,057,300 1.0249 14,691,482 15 30 .027744860
Random Totals: 61,966,610   68,357,741 78 880  
Catg J Exception Values: 9,492,240   8,536,976      
Catg D1 Exception Values: 7,877,990   5,876,310      
Catg G1 Exception Values: 13,895,291   13,931,936      
Total Test Values (4): 93,232,131   96,702,963      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,835,148

Confidence Interval Values (5)

State Lower Limit: 91,867,815 (State Test Value minus Margin of Error Percent)
Local Test Value: 93,232,131 (Within Confidence Interval)
State Upper Limit: 101,538,111 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 367,462,424 (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