taxes Property Tax Assistance

2017 Confidence Interval Detail

140/Lamb
140-908/Sudan ISD

Category Summary

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

Stratum
Variance
A 3,727,570 0.8782 4,244,557 7 171 .015132270
A 3,486,680 0.8789 3,967,095 7 72 .005361046
A 3,813,540 1.0227 3,728,894 7 53 .007849520
A 4,519,970 1.0561 4,279,869 7 32 .034943238
Random Totals: 15,547,760   16,220,415 28 328  
Catg J Exception Values: 311,511,880   328,451,798      
Catg D1 Exception Values: 13,739,040   11,559,705      
Total Test Values (4): 340,798,680   356,231,918      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,811,595

Confidence Interval Values (5)

State Lower Limit: 338,420,323 (State Test Value minus Margin of Error Percent)
Local Test Value: 340,798,680 (Within Confidence Interval)
State Upper Limit: 374,043,513 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 410,311,497 (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