taxes Property Tax Assistance

2018 Confidence Interval Detail

062/Dewitt
062-902/Nordheim ISD

Category Summary

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

Stratum
Variance
E 28,374,910 0.9411 30,150,792 17 341 .049909853
G1 45,761,985 0.9908 46,186,905 8 54 .001074267
G1 45,643,970 1.0041 45,457,594 8 31 .001594254
G1 46,823,019 0.9954 47,039,400 6 17 .000235009
G1 41,722,161 0.9855 42,336,033 3 5 .000962758
Random Totals: 208,326,045   211,170,724 42 448  
Catg J Exception Values: 100,880   105,936      
Catg D1 Exception Values: 2,826,980   5,220,601      
Catg G1 Exception Values: 100,491,522   100,751,138      
Total Test Values (4): 311,745,427   317,248,399      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,862,419

Confidence Interval Values (5)

State Lower Limit: 301,385,980 (State Test Value minus Margin of Error Percent)
Local Test Value: 311,745,427 (Within Confidence Interval)
State Upper Limit: 333,110,818 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 437,929,849 (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