taxes Property Tax Assistance

2017 Confidence Interval Detail

212/Smith
092-901/Gladewater ISD

Category Summary

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

Stratum
Variance
A 10,293,323 0.9640 10,677,721 13 216 .023630362
A 10,662,711 0.9149 11,654,510 13 112 .008171910
A 11,249,785 0.9183 12,250,664 10 76 .018217325
A 10,807,366 0.9060 11,928,660 12 48 .021788316
E 44,068,977 1.0360 42,537,623 9 551 .008472333
Random Totals: 87,082,162   89,049,178 57 1,003  
Catg J Exception Values: 253,911   213,269      
Catg D1 Exception Values: 4,036,314   3,705,999      
Catg L1 Exception Values: 5,016,516   4,725,299      
Total Test Values (4): 96,388,903   97,693,745      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,884,687

Confidence Interval Values (5)

State Lower Limit: 92,809,058 (State Test Value minus Margin of Error Percent)
Local Test Value: 96,388,903 (Within Confidence Interval)
State Upper Limit: 102,578,432 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 92,039,265 (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