taxes Property Tax Assistance

2017 Confidence Interval Detail

116/Hunt
116-901/Caddo Mills ISD

Category Summary

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

Stratum
Variance
A 41,498,664 0.9357 44,350,394 12 444 .006054462
A 29,141,400 0.9570 30,450,784 10 163 .013049965
A 55,275,085 0.9532 57,988,969 26 241 .005281916
A 71,951,609 0.9694 74,222,828 29 224 .005143660
E 180,185,729 0.9499 189,689,156 32 1,719 .011432535
F1 7,149,310 0.9834 7,269,992 8 49 .022125875
F1 11,032,087 0.9378 11,763,795 7 34 .022874773
F1 9,197,590 0.9137 10,066,313 7 14 .003365837
F1 10,346,310 0.9768 10,592,045 4 8 .009307723
L1 5,361,247 0.9983 5,370,377 9 82 .079241257
L1 5,040,830 1.0677 4,721,204 7 22 .016344139
L1 4,335,120 0.9723 4,458,624 5 8 .031822902
Random Totals: 430,514,981   450,944,481 156 3,008  
Catg D1 Exception Values: 3,436,050   3,351,900      
Catg L1 Exception Values: 5,321,950   4,878,307      
Total Test Values (4): 439,272,981   459,174,688      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,958,734

Confidence Interval Values (5)

State Lower Limit: 436,215,954 (State Test Value minus Margin of Error Percent)
Local Test Value: 439,272,981 (Within Confidence Interval)
State Upper Limit: 482,133,422 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 451,034,261 (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