taxes Property Tax Assistance

2018 Confidence Interval Detail

067/Eastland
067-904/Gorman ISD

Category Summary

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

Stratum
Variance
A 7,189,990 0.8287 8,676,228 15 234 .132904673
A 6,868,250 0.8986 7,643,278 16 111 .031436805
A 7,122,940 0.8708 8,179,766 15 56 .036574147
A 6,907,300 1.0486 6,587,164 15 22 .069940159
E 22,663,120 1.1004 20,595,347 15 447 .141506955
Random Totals: 50,751,600   51,681,783 76 870  
Catg J Exception Values: 4,471,150   4,643,965      
Catg D1 Exception Values: 3,905,500   3,603,404      
Total Test Values (4): 59,128,250   59,929,152      

Margin of Error

Margin of Error Percent: 7.2553972
Margin of Error Value: 4,348,098

Confidence Interval Values (5)

State Lower Limit: 55,581,054 (State Test Value minus Margin of Error Percent)
Local Test Value: 59,128,250 (Within Confidence Interval)
State Upper Limit: 64,277,250 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 98,413,307 (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