taxes Property Tax Assistance

2017 Confidence Interval Detail

168/Mitchell
168-902/Loraine ISD

Category Summary

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

Stratum
Variance
A 3,127,590 0.9232 3,387,771 10 103 .003282924
A 4,356,621 0.9261 4,704,266 8 82 .001354713
A 3,711,590 0.9732 3,813,800 8 43 .008692320
A 3,912,720 0.9606 4,073,204 7 21 .001158557
E 13,350,300 0.9951 13,416,039 20 167 .028616090
Random Totals: 28,458,821   29,395,080 53 416  
Catg J Exception Values: 13,132,780   13,756,357      
Catg D1 Exception Values: 11,966,246   12,353,880      
Total Test Values (4): 53,557,847   55,505,317      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,775,265

Confidence Interval Values (5)

State Lower Limit: 52,730,052 (State Test Value minus Margin of Error Percent)
Local Test Value: 53,557,847 (Within Confidence Interval)
State Upper Limit: 58,280,582 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 94,491,936 (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