taxes Property Tax Assistance

2017 Confidence Interval Detail

109/Hill
109-902/Bynum ISD

Category Summary

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

Stratum
Variance
A 3,015,350 1.0306 2,925,820 5 72 .037789362
A 3,128,560 1.0993 2,845,957 10 43 .059886439
A 3,721,810 1.0627 3,502,221 8 36 .011676683
A 4,372,670 1.1104 3,937,923 7 27 .017204245
E 23,504,030 1.0011 23,478,204 10 258 .162446385
L1 5,810,330 1.0139 5,730,674 7 24 .001034551
Random Totals: 43,552,750   42,420,799 47 460  
Catg J Exception Values: 3,808,929   4,882,363      
Catg D1 Exception Values: 9,760,290   13,065,320      
Catg L1 Exception Values: 8,097,070   8,000,467      
Total Test Values (4): 65,219,039   68,368,949      

Margin of Error

Margin of Error Percent: 8.7183525
Margin of Error Value: 5,960,646

Confidence Interval Values (5)

State Lower Limit: 62,408,303 (State Test Value minus Margin of Error Percent)
Local Test Value: 65,219,039 (Within Confidence Interval)
State Upper Limit: 74,329,595 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 81,914,029 (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