taxes Property Tax Assistance

2018 Confidence Interval Detail

043/Collin
043-904/Farmersville ISD

Category Summary

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

Stratum
Variance
A 74,094,848 0.9427 78,598,545 7 791 .034626875
A 88,715,925 0.9484 93,542,730 14 549 .004419607
A 77,221,386 0.9446 81,750,356 14 324 .041595485
A 131,055,529 0.9985 131,252,408 24 375 .009547535
E 166,816,441 0.9628 173,261,779 19 1,058 .019227691
F1 8,957,838 0.6500 13,781,289 10 62 .242133129
F1 10,996,705 0.7926 13,874,218 7 21 .189446004
F1 9,133,239 0.8297 11,007,881 3 5 .340717942
Random Totals: 566,991,911   597,069,206 98 3,185  
Catg J Exception Values: 19,033,823   20,650,427      
Catg D1 Exception Values: 3,977,467   2,583,154      
Catg F1 Exception Values: 6,619,476   6,567,270      
Total Test Values (4): 596,622,677   626,870,057      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,343,502

Confidence Interval Values (5)

State Lower Limit: 595,526,555 (State Test Value minus Margin of Error Percent)
Local Test Value: 596,622,677 (Within Confidence Interval)
State Upper Limit: 658,213,559 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 592,513,644 (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