taxes Property Tax Assistance

2016 Confidence Interval Detail

231/Upton
231-902/Rankin ISD

Category Summary

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

Stratum
Variance
G1 377,571,987 1.0194 370,386,489 19 364 .019787649
G1 379,670,717 1.0124 375,020,463 15 107 .010266356
G1 400,169,472 1.0022 399,291,032 13 39 .007422071
G1 349,320,753 1.0388 336,273,347 3 4 .000349918
Random Totals: 1,506,732,929   1,480,971,331 50 514  
Catg J Exception Values: 9,737,550   10,639,703      
Catg D1 Exception Values: 4,987,216   6,638,768      
Total Test Values (4): 1,521,457,695   1,498,249,802      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 74,912,490

Confidence Interval Values (5)

State Lower Limit: 1,423,337,312 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,521,457,695 (Within Confidence Interval)
State Upper Limit: 1,573,162,292 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,992,579,786 (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