taxes Property Tax Assistance

2017 Confidence Interval Detail

116/Hunt
199-902/Royse City ISD

Category Summary

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

Stratum
Variance
A 25,268,925 0.9366 26,979,420 15 177 .003094441
A 45,879,525 0.9872 46,474,397 28 265 .002218485
A 74,048,930 0.9800 75,560,133 40 350 .003143307
A 68,066,436 0.9634 70,652,311 15 207 .007229427
E 108,350,941 0.9295 116,569,060 26 855 .036675831
Random Totals: 321,614,757   336,235,321 124 1,854  
Catg D1 Exception Values: 1,113,270   1,070,821      
Total Test Values (4): 322,728,027   337,306,142      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,865,307

Confidence Interval Values (5)

State Lower Limit: 320,440,835 (State Test Value minus Margin of Error Percent)
Local Test Value: 322,728,027 (Within Confidence Interval)
State Upper Limit: 354,171,449 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 307,892,298 (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