taxes Property Tax Assistance

2017 Confidence Interval Detail

242/Wheeler
242-906/Fort Elliott CISD

Category Summary

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

Stratum
Variance
G1 96,259,380 0.9875 97,477,853 10 243 .010697944
G1 96,844,650 0.9608 100,795,847 9 89 .027556864
G1 94,987,150 1.0061 94,411,241 8 54 .024831181
G1 95,660,698 1.0407 91,919,571 7 27 .012959116
Random Totals: 383,751,878   384,604,512 34 413  
Catg J Exception Values: 4,901,950   9,003,951      
Catg D1 Exception Values: 9,826,050   9,043,639      
Total Test Values (4): 398,479,878   402,652,102      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,132,605

Confidence Interval Values (5)

State Lower Limit: 382,519,497 (State Test Value minus Margin of Error Percent)
Local Test Value: 398,479,878 (Within Confidence Interval)
State Upper Limit: 422,784,707 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 774,459,072 (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