taxes Property Tax Assistance

2016 Confidence Interval Detail

220/Tarrant
220-904/Everman ISD

Category Summary

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

Stratum
Variance
A 155,054,744 0.9203 168,482,825 23 2,048 .025592281
A 154,953,368 0.9527 162,646,550 27 1,625 .027988241
A 155,031,720 0.9510 163,019,685 24 1,372 .019231327
A 154,861,164 1.0216 151,586,887 24 800 .011895758
F1 29,810,138 0.9850 30,264,099 9 115 .041839435
F1 34,961,663 0.8856 39,477,939 8 44 .104670435
F1 19,282,452 0.9074 21,250,223 6 12 .029794611
F1 51,592,566 0.9092 56,745,013 4 14 .015934278
L1 24,461,571 0.9795 24,973,528 9 82 .045114238
L1 22,017,210 1.2717 17,313,211 6 19 .060854165
L1 18,006,826 1.0447 17,236,361 3 6 .006234307
L1 37,412,599 1.0304 36,308,811 2 5 .001298973
Random Totals: 857,446,021   889,305,132 145 6,142  
Catg J Exception Values: 28,270,440   30,825,250      
Catg D1 Exception Values: 409,920   291,929      
Catg L1 Exception Values: 53,947,722   53,871,557      
Total Test Values (4): 940,074,103   974,293,868      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 48,714,693

Confidence Interval Values (5)

State Lower Limit: 925,579,175 (State Test Value minus Margin of Error Percent)
Local Test Value: 940,074,103 (Within Confidence Interval)
State Upper Limit: 1,023,008,561 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,181,397,877 (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