taxes Property Tax Assistance

2018 Confidence Interval Detail

035/Castro
035-903/Nazareth ISD

Category Summary

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

Stratum
Variance
A 5,553,400 0.9968 5,571,228 10 76 .087865346
A 5,014,860 0.9927 5,051,738 9 37 .036645646
A 5,773,840 1.0726 5,383,032 8 27 .008594533
A 5,603,770 1.0353 5,412,702 7 18 .005386762
E 6,902,250 0.9576 7,207,863 13 187 .023888486
Random Totals: 28,848,120   28,626,563 47 345  
Catg D1 Exception Values: 7,809,440   4,323,395      
Total Test Values (4): 36,657,560   32,949,958      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,647,497

Confidence Interval Values (5)

State Lower Limit: 31,302,461 (State Test Value minus Margin of Error Percent)
State Upper Limit: 34,597,455 (State Test Value plus Margin of Error Percent)
Local Test Value: 36,657,560 (Outside Confidence Interval)
Value Assigned (6): 56,054,767 (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