taxes Property Tax Assistance

2017 Confidence Interval Detail

212/Smith
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 140,769,285 1.0013 140,586,523 40 1,022 .005345941
A 145,652,678 1.0196 142,852,764 47 655 .005805044
A 158,984,176 0.9870 161,078,193 25 492 .003891017
A 167,035,575 1.0095 165,463,670 11 316 .008685250
E 67,855,684 0.9808 69,184,017 16 415 .005401643
Random Totals: 680,297,398   679,165,167 139 2,900  
Catg D1 Exception Values: 1,771,197   1,317,372      
Total Test Values (4): 682,068,595   680,482,539      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,024,126

Confidence Interval Values (5)

State Lower Limit: 646,458,413 (State Test Value minus Margin of Error Percent)
Local Test Value: 682,068,595 (Within Confidence Interval)
State Upper Limit: 714,506,665 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 660,467,859 (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