taxes Property Tax Assistance

2017 Confidence Interval Detail

242/Wheeler
242-905/Kelton ISD

Category Summary

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

Stratum
Variance
G1 71,227,890 1.0090 70,592,557 15 197 .005932710
G1 71,467,130 1.0250 69,724,029 15 67 .017596970
G1 71,717,490 1.0256 69,927,350 15 39 .001999490
G1 69,017,010 0.9904 69,685,996 12 20 .004581550
Random Totals: 283,429,520   279,929,932 57 323  
Catg J Exception Values: 4,566,190   6,967,981      
Catg D1 Exception Values: 5,114,720   4,740,936      
Total Test Values (4): 293,110,430   291,638,849      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,581,942

Confidence Interval Values (5)

State Lower Limit: 277,056,907 (State Test Value minus Margin of Error Percent)
Local Test Value: 293,110,430 (Within Confidence Interval)
State Upper Limit: 306,220,791 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 603,983,670 (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