taxes Property Tax Assistance

2017 Confidence Interval Detail

226/Tom Green
226-908/Veribest ISD

Category Summary

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

Stratum
Variance
A 8,680,930 1.0444 8,311,882 9 84 .012116946
A 8,768,680 1.0378 8,449,297 9 59 .008883564
A 8,849,470 1.0725 8,251,254 8 47 .022610697
A 10,050,340 1.1851 8,480,584 8 39 .011706180
E 25,033,700 1.0403 24,063,924 20 236 .058469339
L1 2,643,850 1.0375 2,548,289 6 19 .005837090
L1 2,442,340 0.9929 2,459,805 4 6 .005935199
L1 6,147,880 1.1126 5,525,688 2 4 .000983903
Random Totals: 72,617,190   68,090,723 66 494  
Catg J Exception Values: 11,329,070   11,403,620      
Catg D1 Exception Values: 16,714,500   16,013,829      
Catg L1 Exception Values: 4,394,370   4,391,898      
Total Test Values (4): 105,055,130   99,900,070      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,995,003

Confidence Interval Values (5)

State Lower Limit: 94,905,067 (State Test Value minus Margin of Error Percent)
State Upper Limit: 104,895,073 (State Test Value plus Margin of Error Percent)
Local Test Value: 105,055,130 (Outside Confidence Interval)
Value Assigned (6): 121,530,013 (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