taxes Property Tax Assistance

2017 Confidence Interval Detail

077/Floyd
077-901/Floydada ISD

Category Summary

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

Stratum
Variance
A 9,394,520 0.8997 10,441,836 7 438 .204178918
A 10,601,670 0.8702 12,183,027 8 245 .072907625
A 11,777,240 0.9372 12,566,411 8 161 .035496118
A 11,471,690 0.7401 15,500,189 8 95 .032991049
E 18,293,400 0.7072 25,867,364 12 501 .109532366
Random Totals: 61,538,520   76,558,827 43 1,440  
Catg J Exception Values: 15,736,330   18,808,914      
Catg D1 Exception Values: 55,728,710   33,250,099      
Total Test Values (4): 133,003,560   128,617,840      

Margin of Error

Margin of Error Percent: 5.4341777
Margin of Error Value: 6,989,322

Confidence Interval Values (5)

State Lower Limit: 121,628,518 (State Test Value minus Margin of Error Percent)
Local Test Value: 133,003,560 (Within Confidence Interval)
State Upper Limit: 135,607,162 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 322,706,183 (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