taxes Property Tax Assistance

2017 Confidence Interval Detail

097/Hamilton
050-901/Evant ISD

Category Summary

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

Stratum
Variance
A 1,050,200 0.7210 1,456,588 7 24 .129199892
A 1,050,240 0.8940 1,174,765 6 15 .019309879
A 1,075,130 0.8898 1,208,283 6 11 .015926133
A 1,029,940 0.8584 1,199,837 3 5 .033340889
D2 1,988,970 0.9313 2,135,692 13 121 .085503646
E 12,610,000 0.7142 17,656,119 17 180 .057716198
Random Totals: 18,804,480   24,831,284 52 356  
Catg D1 Exception Values: 4,472,990   4,142,766      
Total Test Values (4): 23,277,470   28,974,050      

Margin of Error

Margin of Error Percent: 7.0193190
Margin of Error Value: 2,033,781

Confidence Interval Values (5)

Local Test Value: 23,277,470 (Outside Confidence Interval)
State Lower Limit: 26,940,269 (State Test Value minus Margin of Error Percent)
State Upper Limit: 31,007,831 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 27,787,342 (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