taxes Property Tax Assistance

2017 Confidence Interval Detail

252/Young
252-902/Newcastle ISD

Category Summary

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

Stratum
Variance
A 1,269,480 0.7728 1,642,702 9 85 .061357706
A 1,297,320 0.8747 1,483,160 8 47 .015916424
A 1,466,690 1.0336 1,419,011 7 31 .031733499
A 1,058,010 1.0199 1,037,366 6 14 .023750010
D2 2,329,965 0.9933 2,345,681 14 115 .029088076
E 23,855,797 1.0284 23,197,002 20 411 .023081670
G1 2,644,970 0.9566 2,764,970 8 48 .001701249
G1 2,436,300 1.0060 2,421,769 4 7 .017080948
G1 2,553,260 0.9951 2,565,833 3 4 .001331593
Random Totals: 38,911,792   38,877,494 79 762  
Catg J Exception Values: 107,640   86,438      
Catg D1 Exception Values: 12,290,002   9,601,400      
Catg G1 Exception Values: 2,358,880   2,358,731      
Total Test Values (4): 53,668,314   50,924,063      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,546,203

Confidence Interval Values (5)

State Lower Limit: 48,377,860 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,470,266 (State Test Value plus Margin of Error Percent)
Local Test Value: 53,668,314 (Outside Confidence Interval)
Value Assigned (6): 64,813,504 (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