taxes Property Tax Assistance

2017 Confidence Interval Detail

081/Freestone
145-907/Oakwood ISD

Category Summary

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

Stratum
Variance
D2 3,809,192 0.9890 3,851,559 11 39 .000446061
E 16,039,191 0.9743 16,462,271 19 399 .061776333
G1 1,323,490 0.9780 1,353,262 6 12 .006453859
Random Totals: 21,171,873   21,667,092 36 450  
Catg J Exception Values: 1,868,680   1,844,131      
Catg D1 Exception Values: 2,212,311   2,232,212      
Catg G1 Exception Values: 506,160   496,587      
Total Test Values (4): 25,759,024   26,240,022      

Margin of Error

Margin of Error Percent: 7.0930428
Margin of Error Value: 1,861,216

Confidence Interval Values (5)

State Lower Limit: 24,378,806 (State Test Value minus Margin of Error Percent)
Local Test Value: 25,759,024 (Within Confidence Interval)
State Upper Limit: 28,101,238 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 76,709,980 (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