taxes Property Tax Assistance

2017 Confidence Interval Detail

098/Hansford
098-904/Spearman ISD

Category Summary

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

Stratum
Variance
A 21,317,828 1.0545 20,216,053 10 433 .049018262
A 27,898,099 1.0759 25,930,011 14 300 .013262071
A 24,529,989 1.0001 24,527,536 12 159 .034013951
A 28,539,376 0.9554 29,871,652 12 112 .006891936
F1 3,665,452 0.9360 3,916,081 9 102 .035273406
F1 3,578,500 0.9389 3,811,375 8 36 .019867563
F1 4,051,915 0.8852 4,577,401 6 19 .058019305
G1 5,168,590 0.9683 5,337,798 10 227 .103743136
G1 5,103,930 1.0192 5,007,781 8 48 .026013692
G1 5,177,340 0.9729 5,321,554 7 25 .038250104
G1 4,945,030 1.0644 4,645,838 5 9 .050639535
Random Totals: 133,976,049   133,163,080 101 1,470  
Catg J Exception Values: 5,232,350   6,680,228      
Catg D1 Exception Values: 19,851,856   18,345,265      
Catg F1 Exception Values: 2,894,362   2,983,388      
Total Test Values (4): 161,954,617   161,171,961      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,058,598

Confidence Interval Values (5)

State Lower Limit: 153,113,363 (State Test Value minus Margin of Error Percent)
Local Test Value: 161,954,617 (Within Confidence Interval)
State Upper Limit: 169,230,559 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 208,925,634 (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