taxes Property Tax Assistance

2017 Confidence Interval Detail

037/Cherokee
037-901/Alto ISD

Category Summary

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

Stratum
Variance
A 7,155,970 0.7711 9,280,210 10 270 .070705447
A 8,314,350 0.8171 10,175,438 9 163 .020078028
A 9,038,750 0.9650 9,366,580 9 114 .022588042
A 9,995,810 0.9676 10,330,519 9 73 .008491167
E 66,791,470 0.9689 68,935,360 18 1,088 .031972716
G1 2,224,584 1.0014 2,221,474 9 95 .008284349
G1 2,186,274 1.0215 2,140,258 8 36 .013975358
G1 2,331,754 0.9996 2,332,687 6 18 .006017975
G1 2,042,397 1.0062 2,029,812 4 7 .000347024
Random Totals: 110,081,359   116,812,338 82 1,864  
Catg J Exception Values: 1,502,234   1,602,868      
Catg D1 Exception Values: 15,322,435   14,780,816      
Total Test Values (4): 126,906,028   133,196,022      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,659,801

Confidence Interval Values (5)

State Lower Limit: 126,536,221 (State Test Value minus Margin of Error Percent)
Local Test Value: 126,906,028 (Within Confidence Interval)
State Upper Limit: 139,855,823 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 138,236,637 (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, D2, E, 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