taxes Property Tax Assistance

2017 Confidence Interval Detail

112/Hopkins
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 4,866,490 0.8647 5,627,952 16 129 .080292554
A 4,819,270 0.7942 6,068,081 13 79 .075274835
A 4,639,430 0.9243 5,019,398 14 56 .118928974
A 5,428,980 0.9642 5,630,554 13 45 .073482335
E 40,297,240 1.0251 39,310,545 17 503 .069221678
Random Totals: 60,051,410   61,656,530 73 812  
Catg J Exception Values: 12,674   10,177      
Catg D1 Exception Values: 3,678,790   4,419,094      
Total Test Values (4): 63,742,874   66,085,801      

Margin of Error

Margin of Error Percent: 7.8053196
Margin of Error Value: 5,158,208

Confidence Interval Values (5)

State Lower Limit: 60,927,593 (State Test Value minus Margin of Error Percent)
Local Test Value: 63,742,874 (Within Confidence Interval)
State Upper Limit: 71,244,009 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 66,223,839 (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