taxes Property Tax Assistance

2017 Confidence Interval Detail

116/Hunt
116-906/Lone Oak ISD

Category Summary

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

Stratum
Variance
A 18,774,712 1.0180 18,442,743 12 317 .022183328
A 20,431,240 0.9177 22,263,528 9 151 .029024131
A 19,111,220 0.9075 21,059,196 9 84 .007053306
A 24,631,275 1.0130 24,315,178 8 65 .005780936
E 155,048,221 0.9466 163,794,867 34 1,493 .031960433
Random Totals: 237,996,668   249,875,512 72 2,110  
Catg D1 Exception Values: 3,168,245   3,530,019      
Total Test Values (4): 241,164,913   253,405,531      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,670,276

Confidence Interval Values (5)

State Lower Limit: 240,735,255 (State Test Value minus Margin of Error Percent)
Local Test Value: 241,164,913 (Within Confidence Interval)
State Upper Limit: 266,075,807 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 229,293,937 (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