taxes Property Tax Assistance

2017 Confidence Interval Detail

190/Rains
190-903/Rains ISD

Category Summary

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

Stratum
Variance
A 63,754,438 0.9302 68,538,420 19 1,395 .065258970
A 71,386,171 0.9058 78,810,081 22 783 .028203459
A 68,514,060 0.9963 68,768,503 19 439 .052904637
A 109,439,161 1.0105 108,301,990 17 372 .014240545
E 214,806,454 0.9327 230,306,051 39 2,632 .021776309
F1 11,167,576 0.8408 13,282,084 9 121 .018504734
F1 11,984,664 0.9204 13,021,147 9 55 .010866284
F1 11,826,716 0.9256 12,777,351 7 24 .010147304
F1 14,085,473 0.9714 14,500,178 4 8 .015515563
Random Totals: 576,964,713   608,305,805 145 5,829  
Catg D1 Exception Values: 12,863,682   9,808,634      
Total Test Values (4): 589,828,395   618,114,439      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 30,905,721

Confidence Interval Values (5)

State Lower Limit: 587,208,718 (State Test Value minus Margin of Error Percent)
Local Test Value: 589,828,395 (Within Confidence Interval)
State Upper Limit: 649,020,160 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 544,048,303 (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