taxes Property Tax Assistance

2017 Confidence Interval Detail

126/Johnson
126-908/Venus ISD

Category Summary

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

Stratum
Variance
A 40,934,501 0.8567 47,781,605 13 993 .100419100
A 41,243,630 0.7935 51,976,849 22 522 .026324302
A 39,551,694 0.8875 44,565,289 33 315 .009540100
A 81,027,219 1.1339 71,458,876 62 450 .885828941
E 46,609,675 0.9384 49,669,304 19 611 .081814857
Random Totals: 249,366,719   265,451,923 149 2,891  
Catg J Exception Values: 25,964   22,516      
Catg D1 Exception Values: 2,253,796   2,267,008      
Total Test Values (4): 251,646,479   267,741,447      

Margin of Error

Margin of Error Percent: 7.1055110
Margin of Error Value: 19,024,398

Confidence Interval Values (5)

State Lower Limit: 248,717,049 (State Test Value minus Margin of Error Percent)
Local Test Value: 251,646,479 (Within Confidence Interval)
State Upper Limit: 286,765,845 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 266,628,687 (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