taxes Property Tax Assistance

2017 Confidence Interval Detail

059/Deaf Smith
059-901/Hereford ISD

Category Summary

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

Stratum
Variance
A 72,664,100 0.9489 76,577,195 18 1,612 .044309450
A 74,583,300 0.9400 79,343,936 32 967 .026757160
A 86,834,000 0.9628 90,189,032 31 816 .037506548
A 89,465,501 1.0075 88,799,505 18 480 .008448935
E 77,937,724 1.0514 74,127,567 17 927 .028540412
F1 28,113,500 1.0007 28,093,834 10 255 .038733418
F1 29,804,599 0.9509 31,343,568 9 105 .054247021
F1 30,435,500 0.9424 32,295,734 8 52 .018751085
F1 29,657,600 0.9938 29,842,624 6 15 .070589505
L1 32,222,600 0.9823 32,803,217 10 296 .000887690
L1 27,547,400 1.0000 27,547,400 8 51 .001321058
L1 31,812,800 1.0177 31,259,507 7 21 .002365199
L1 34,655,800 0.9627 35,998,546 4 9 .006009438
Random Totals: 645,734,424   658,221,665 178 5,606  
Catg J Exception Values: 19,149,660   23,174,784      
Catg D1 Exception Values: 47,799,933   41,450,689      
Total Test Values (4): 712,684,017   722,847,138      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 36,142,356

Confidence Interval Values (5)

State Lower Limit: 686,704,782 (State Test Value minus Margin of Error Percent)
Local Test Value: 712,684,017 (Within Confidence Interval)
State Upper Limit: 758,989,494 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,181,959,347 (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