taxes Property Tax Assistance

2016 Confidence Interval Detail

246/Williamson
246-902/Florence ISD

Category Summary

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

Stratum
Variance
A 28,854,295 0.8097 35,635,785 10 372 .055022718
A 36,047,527 1.0099 35,694,155 11 265 .029662732
A 29,010,237 0.8855 32,761,420 9 133 .044791054
A 47,120,852 1.0269 45,886,505 9 138 .022620169
E 96,261,457 0.9606 100,209,720 16 779 .025975468
F1 4,471,914 1.0336 4,326,542 8 41 .147279142
F1 4,575,074 0.8507 5,378,011 7 20 .108005858
F1 4,144,419 1.0288 4,028,401 5 9 .073042586
F1 4,444,011 1.0537 4,217,530 3 4 .011407370
Random Totals: 254,929,786   268,138,069 78 1,761  
Catg J Exception Values: 1,232,769   1,356,353      
Catg D1 Exception Values: 3,881,913   3,888,705      
Total Test Values (4): 260,044,468   273,383,127      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,669,156

Confidence Interval Values (5)

State Lower Limit: 259,713,971 (State Test Value minus Margin of Error Percent)
Local Test Value: 260,044,468 (Within Confidence Interval)
State Upper Limit: 287,052,283 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 270,302,003 (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