taxes Property Tax Assistance

2017 Confidence Interval Detail

117/Hutchinson
117-903/Sanford-Fritch ISD

Category Summary

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

Stratum
Variance
A 24,749,260 1.0238 24,173,921 20 709 .051142784
A 26,657,370 0.9357 28,489,227 18 378 .055610245
A 23,864,460 0.9330 25,578,199 5 230 .000745792
A 31,583,310 0.9698 32,566,828 8 221 .017736281
G1 1,922,240 1.0068 1,909,257 8 55 .003808907
G1 1,968,180 0.9859 1,996,328 6 16 .009333888
G1 2,023,240 1.0414 1,942,808 4 8 .002322432
G1 1,615,270 0.9917 1,628,789 3 4 .000844626
Random Totals: 114,383,330   118,285,357 72 1,621  
Catg J Exception Values: 2,512,580   3,114,034      
Catg D1 Exception Values: 642,490   689,389      
Total Test Values (4): 117,538,400   122,088,780      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,104,439

Confidence Interval Values (5)

State Lower Limit: 115,984,341 (State Test Value minus Margin of Error Percent)
Local Test Value: 117,538,400 (Within Confidence Interval)
State Upper Limit: 128,193,219 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 113,203,344 (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