taxes Property Tax Assistance

2017 Confidence Interval Detail

250/Wood
250-904/Quitman ISD

Category Summary

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

Stratum
Variance
A 34,253,650 0.9807 34,927,756 15 639 .058976136
A 33,271,430 0.9413 35,346,255 16 354 .142109881
A 37,133,370 0.6547 56,718,146 15 273 1.311531513
A 34,051,350 1.0863 31,346,175 6 143 .069129725
E 232,984,741 0.8361 278,656,549 53 3,020 1.003645586
F1 7,800,770 0.9878 7,897,115 11 100 .037659039
F1 9,055,830 0.9484 9,548,534 8 42 .017631295
F1 9,403,680 0.9559 9,837,514 5 12 .034540827
F1 7,887,800 0.9431 8,363,694 3 4 .015486201
G1 4,406,930 0.9783 4,504,682 9 68 .015472892
G1 4,324,210 1.0429 4,146,332 7 23 .007211678
G1 4,531,810 0.9763 4,641,821 5 10 .001385992
G1 3,956,478 1.0154 3,896,472 2 3 .003790738
Random Totals: 423,062,049   489,831,045 155 4,691  
Catg D1 Exception Values: 11,044,333   12,055,795      
Total Test Values (4): 434,106,382   501,886,840      

Margin of Error

Margin of Error Percent: 16.2781961
Margin of Error Value: 81,698,124

Confidence Interval Values (5)

State Lower Limit: 420,188,716 (State Test Value minus Margin of Error Percent)
Local Test Value: 434,106,382 (Within Confidence Interval)
State Upper Limit: 583,584,964 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 393,606,979 (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