taxes Property Tax Assistance

2017 Confidence Interval Detail

249/Wise
249-906/Paradise ISD

Category Summary

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

Stratum
Variance
A 35,013,270 0.9497 36,867,716 13 414 .077347082
A 39,745,020 0.9252 42,958,301 16 255 .013713174
A 34,705,920 0.9147 37,942,407 9 156 .008078118
A 65,913,410 0.9541 69,084,383 19 218 .004852649
E 112,507,500 1.0028 112,193,359 20 865 .068265991
G1 11,982,090 1.0238 11,703,546 12 108 .008137969
G1 11,913,650 1.0138 11,751,480 8 23 .000537475
G1 12,530,090 1.0264 12,207,804 7 15 .008791375
G1 10,973,740 0.9890 11,095,794 5 8 .005279211
Random Totals: 335,284,690   345,804,790 109 2,062  
Catg J Exception Values: 7,379,100   7,573,766      
Catg D1 Exception Values: 2,239,570   2,326,962      
Total Test Values (4): 344,903,360   355,705,518      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,785,275

Confidence Interval Values (5)

State Lower Limit: 337,920,243 (State Test Value minus Margin of Error Percent)
Local Test Value: 344,903,360 (Within Confidence Interval)
State Upper Limit: 373,490,793 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 388,899,058 (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