taxes Property Tax Assistance

2017 Confidence Interval Detail

116/Hunt
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 1,059,800 1.0489 1,010,392 6 16 .004943346
D2 672,370 0.9839 683,372 12 53 .143078740
E 7,657,450 0.9782 7,828,103 11 98 .043938638
Random Totals: 9,389,620   9,521,867 29 167  
Catg J Exception Values: 1,149   923      
Catg D1 Exception Values: 482,210   503,619      
Total Test Values (4): 9,872,979   10,026,409      

Margin of Error

Margin of Error Percent: 9.6598992
Margin of Error Value: 968,541

Confidence Interval Values (5)

State Lower Limit: 9,057,868 (State Test Value minus Margin of Error Percent)
Local Test Value: 9,872,979 (Within Confidence Interval)
State Upper Limit: 10,994,950 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 9,147,797 (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