taxes Property Tax Assistance

2017 Confidence Interval Detail

110/Hockley
110-902/Levelland ISD

Category Summary

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

Stratum
Variance
A 104,558,669 0.8443 123,840,660 34 1,997 .050249711
A 101,320,111 0.8536 118,697,412 22 954 .033928037
A 111,660,570 0.9051 123,368,213 21 740 .017160563
A 120,176,880 0.9500 126,501,979 12 468 .009074398
F1 19,852,250 1.0113 19,630,426 11 303 .032338287
F1 21,418,464 0.9016 23,756,060 10 95 .063234064
F1 24,872,332 1.0161 24,478,232 10 35 .047883034
F1 18,833,020 1.0360 18,178,591 5 6 .005344921
G1 57,427,488 1.0125 56,718,507 9 72 .001261627
G1 56,210,028 1.0145 55,406,632 5 11 .000502814
G1 71,077,420 1.0038 70,808,348 3 4 .003435061
L1 15,284,710 1.0063 15,189,019 10 200 .017165371
L1 15,262,100 1.0241 14,902,939 8 42 .006003378
L1 17,081,530 1.0482 16,296,060 4 7 .011650285
Random Totals: 755,035,572   807,773,078 164 4,934  
Catg J Exception Values: 10,492,620   13,644,213      
Catg D1 Exception Values: 43,283,097   22,635,820      
Catg G1 Exception Values: 167,634,260   162,130,269      
Catg L1 Exception Values: 10,223,880   9,890,741      
Total Test Values (4): 986,669,429   1,016,074,121      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 50,803,706

Confidence Interval Values (5)

State Lower Limit: 965,270,415 (State Test Value minus Margin of Error Percent)
Local Test Value: 986,669,429 (Within Confidence Interval)
State Upper Limit: 1,066,877,827 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,102,525,853 (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