taxes Property Tax Assistance

2017 Confidence Interval Detail

117/Hutchinson
117-907/Spring Creek ISD

Category Summary

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

Stratum
Variance
G1 1,369,570 0.9530 1,437,114 15 64 .016706766
G1 1,394,360 1.0438 1,335,850 15 27 .016195594
G1 1,398,720 1.0040 1,393,147 10 12 .017976503
Random Totals: 4,162,650   4,166,111 40 103  
Catg J Exception Values: 1,080,940   1,525,514      
Catg D1 Exception Values: 5,262,620   5,569,266      
Catg B Exception Values: 2,188,140   2,165,287      
Catg G1 Exception Values: 1,310,990   1,301,203      
Total Test Values (4): 14,005,340   14,727,381      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 736,369

Confidence Interval Values (5)

State Lower Limit: 13,991,012 (State Test Value minus Margin of Error Percent)
Local Test Value: 14,005,340 (Within Confidence Interval)
State Upper Limit: 15,463,750 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 35,701,106 (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