taxes Property Tax Assistance

2017 Confidence Interval Detail

249/Wise
249-904/Chico ISD

Category Summary

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

Stratum
Variance
A 31,625,640 0.9041 34,980,246 16 400 .038551725
A 34,651,900 0.9822 35,279,882 22 207 .043368648
A 30,556,630 0.9859 30,993,640 15 105 .091225218
A 38,648,000 0.9739 39,683,746 15 73 .024036680
C1 6,200,310 0.9475 6,543,863 10 321 .129465177
C1 9,441,720 1.5413 6,125,816 9 146 .142626449
C1 2,813,210 0.9200 3,057,837 8 25 .006967751
C1 1,510,240 1.0648 1,418,332 8 9 .009925117
E 97,505,186 0.9993 97,573,487 15 971 .051435943
F1 6,426,410 0.9384 6,848,263 8 60 .010150095
F1 6,600,940 0.8451 7,810,839 7 22 .022690657
F1 6,489,820 1.0308 6,295,906 5 10 .001086681
F1 6,079,940 0.9213 6,599,305 2 4 .012955929
G1 8,574,220 0.9966 8,603,472 9 141 .066890870
G1 8,534,990 1.0315 8,274,348 7 21 .001709081
G1 8,772,750 1.0135 8,655,895 5 10 .016086607
G1 7,995,880 1.0246 7,803,904 3 5 .004159737
L1 8,502,030 0.9480 8,968,386 10 62 .011059141
L1 9,630,810 0.8281 11,630,008 6 13 .145933291
L1 6,976,360 1.1006 6,338,688 2 5 .013697838
Random Totals: 337,536,986   343,485,863 182 2,610  
Catg J Exception Values: 7,929,310   8,335,766      
Catg D1 Exception Values: 3,340,750   3,525,571      
Total Test Values (4): 348,807,046   355,347,200      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,767,360

Confidence Interval Values (5)

State Lower Limit: 337,579,840 (State Test Value minus Margin of Error Percent)
Local Test Value: 348,807,046 (Within Confidence Interval)
State Upper Limit: 373,114,560 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 548,935,428 (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