taxes Property Tax Assistance

2017 Confidence Interval Detail

243/Wichita
005-902/Holliday ISD

Category Summary

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

Stratum
Variance
A 5,051,269 0.9908 5,098,172 8 35 .011639143
A 5,133,311 0.9790 5,243,423 6 21 .000656597
A 5,359,692 0.9784 5,478,017 6 17 .000723261
A 6,491,325 0.9979 6,504,985 5 15 .001619365
E 5,810,615 0.9444 6,152,705 12 57 .006984945
L1 1,430,714 1.1343 1,261,319 10 32 .247749327
Random Totals: 29,276,926   29,738,621 47 177  
Catg D1 Exception Values: 466,318   474,465      
Catg L1 Exception Values: 2,888,206   2,214,270      
Total Test Values (4): 32,631,450   32,427,356      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,621,367

Confidence Interval Values (5)

State Lower Limit: 30,805,989 (State Test Value minus Margin of Error Percent)
Local Test Value: 32,631,450 (Within Confidence Interval)
State Upper Limit: 34,048,723 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 33,701,401 (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