taxes Property Tax Assistance

2017 Confidence Interval Detail

005/Archer
252-903/Olney ISD

Category Summary

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

Stratum
Variance
A 1,166,350 0.8635 1,350,724 10 70 .022037439
A 1,321,600 0.9589 1,378,246 9 31 .022043897
A 1,015,560 0.9857 1,030,293 6 12 .029107510
A 1,436,860 1.0430 1,377,622 4 9 .034628099
E 4,316,880 1.0177 4,241,800 13 105 .038798356
G1 3,775,560 0.9831 3,840,464 15 49 .013561669
G1 3,763,640 1.0095 3,728,222 7 10 .003105144
G1 3,420,590 0.9957 3,435,362 5 6 .002661090
G1 3,456,790 1.0164 3,401,013 3 4 .006809671
Random Totals: 23,673,830   23,783,746 72 296  
Catg D1 Exception Values: 10,498,890   8,784,839      
Total Test Values (4): 34,172,720   32,568,585      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,628,429

Confidence Interval Values (5)

State Lower Limit: 30,940,156 (State Test Value minus Margin of Error Percent)
Local Test Value: 34,172,720 (Within Confidence Interval)
State Upper Limit: 34,197,014 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 49,147,182 (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