taxes Property Tax Assistance

2017 Confidence Interval Detail

212/Smith
234-906/Van ISD

Category Summary

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

Stratum
Variance
A 8,470,447 0.9919 8,539,618 13 181 .028186992
A 10,076,278 0.9710 10,377,217 11 88 .017603679
A 8,952,536 1.0264 8,722,268 11 41 .012786026
A 10,977,663 1.0196 10,766,637 13 29 .009662192
E 55,420,038 1.0077 54,996,564 17 464 .001738123
F1 1,183,717 0.9734 1,216,064 5 13 .000162796
Random Totals: 95,080,679   94,618,368 70 816  
Catg D1 Exception Values: 2,854,278   2,367,992      
Catg F1 Exception Values: 5,040,107   4,988,266      
Total Test Values (4): 102,975,064   101,974,626      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,098,731

Confidence Interval Values (5)

State Lower Limit: 96,875,895 (State Test Value minus Margin of Error Percent)
Local Test Value: 102,975,064 (Within Confidence Interval)
State Upper Limit: 107,073,357 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 89,338,120 (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