taxes Property Tax Assistance

2016 Confidence Interval Detail

237/Waller
237-905/Royal ISD

Category Summary

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

Stratum
Variance
A 47,127,783 0.9532 49,441,652 10 727 .019667638
A 56,742,625 0.9503 59,710,223 11 481 .032996874
A 54,737,618 0.9839 55,633,314 13 285 .032100944
A 68,836,118 1.0436 65,960,251 13 216 .021248207
E 191,064,421 0.9254 206,466,848 19 1,382 .156685929
F1 24,180,973 1.0540 22,942,100 10 117 .015634807
F1 27,537,230 1.0308 26,714,426 8 46 .004558195
F1 20,291,790 1.0311 19,679,750 7 16 .004507053
F1 30,702,440 0.9988 30,739,327 3 8 .001740715
L1 58,560,230 1.0544 55,538,913 9 91 .011733602
L1 72,827,950 1.0380 70,161,802 6 24 .006848427
L1 88,897,080 0.9896 89,831,326 4 8 .000419633
Random Totals: 741,506,258   752,819,932 113 3,401  
Catg J Exception Values: 6,439,230   6,679,280      
Catg D1 Exception Values: 12,931,717   9,742,862      
Catg F1 Exception Values: 51,525,130   52,364,661      
Catg L1 Exception Values: 59,653,960   59,098,924      
Total Test Values (4): 872,056,295   880,705,659      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 44,035,282

Confidence Interval Values (5)

State Lower Limit: 836,670,377 (State Test Value minus Margin of Error Percent)
Local Test Value: 872,056,295 (Within Confidence Interval)
State Upper Limit: 924,740,941 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,092,484,031 (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