taxes Property Tax Assistance

2017 Confidence Interval Detail

225/Titus
225-906/Chapel Hill ISD

Category Summary

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

Stratum
Variance
A 13,569,795 1.0761 12,610,162 11 185 .013235992
A 18,693,337 0.9703 19,265,523 15 143 .023106956
A 16,128,190 0.8646 18,653,932 9 83 .008875530
A 18,136,110 0.8966 20,227,649 14 61 .013623026
E 54,099,150 0.9676 55,910,655 26 718 .022587027
Random Totals: 120,626,582   126,667,921 75 1,190  
Catg D1 Exception Values: 3,437,372   3,352,114      
Total Test Values (4): 124,063,954   130,020,035      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,501,001

Confidence Interval Values (5)

State Lower Limit: 123,519,034 (State Test Value minus Margin of Error Percent)
Local Test Value: 124,063,954 (Within Confidence Interval)
State Upper Limit: 136,521,036 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 124,527,491 (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