taxes Property Tax Assistance

2017 Confidence Interval Detail

175/Navarro
175-907/Kerens ISD

Category Summary

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

Stratum
Variance
A 26,778,000 0.9926 26,977,634 20 565 .020132672
A 38,818,440 1.0161 38,203,366 19 308 .010401950
A 21,657,110 0.9957 21,750,638 16 65 .002897286
A 33,456,060 1.0052 33,282,988 16 61 .005691205
C1 4,071,030 1.0630 3,829,755 13 400 .042478714
C1 4,808,330 1.0255 4,688,766 14 130 .028774530
C1 4,530,540 0.9634 4,702,657 18 67 .023457195
C1 3,034,410 1.0219 2,969,381 8 26 .006200086
E 67,096,504 1.0203 65,761,545 24 915 .009069147
Random Totals: 204,250,424   202,166,730 148 2,537  
Catg J Exception Values: 11,157,232   11,643,544      
Catg D1 Exception Values: 15,221,175   15,163,415      
Total Test Values (4): 230,628,831   228,973,689      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,448,684

Confidence Interval Values (5)

State Lower Limit: 217,525,005 (State Test Value minus Margin of Error Percent)
Local Test Value: 230,628,831 (Within Confidence Interval)
State Upper Limit: 240,422,373 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 255,573,405 (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