taxes Property Tax Assistance

2017 Confidence Interval Detail

184/Parker
184-908/Peaster ISD

Category Summary

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

Stratum
Variance
A 39,474,560 0.8700 45,373,057 11 359 .027922697
A 38,980,560 0.9864 39,518,005 9 211 .014523645
A 44,941,426 0.9359 48,019,474 19 182 .013280523
A 70,522,640 0.9898 71,249,384 30 199 .012323107
E 103,959,851 0.9827 105,790,018 19 633 .030231265
Random Totals: 297,879,037   309,949,938 88 1,584  
Catg J Exception Values: 5,418,830   5,757,940      
Catg D1 Exception Values: 2,561,210   1,878,709      
Total Test Values (4): 305,859,077   317,586,587      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,879,329

Confidence Interval Values (5)

State Lower Limit: 301,707,258 (State Test Value minus Margin of Error Percent)
Local Test Value: 305,859,077 (Within Confidence Interval)
State Upper Limit: 333,465,916 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 316,877,741 (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