taxes Property Tax Assistance

2018 Confidence Interval Detail

073/Falls
198-901/Bremond ISD

Category Summary

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

Stratum
Variance
A 663,185 0.8619 769,445 8 22 .019091475
A 763,310 0.8086 943,990 7 12 .044560413
A 659,660 0.8810 748,763 6 7 .021311259
A 521,300 1.1290 461,736 3 3 .010655446
D2 1,430,010 0.6086 2,349,671 16 60 1.309608279
E 11,419,610 0.7164 15,940,271 18 197 .103831830
Random Totals: 15,457,075   21,213,876 58 301  
Catg J Exception Values: 659,540   717,935      
Catg D1 Exception Values: 2,042,006   1,738,017      
Total Test Values (4): 18,158,621   23,669,828      

Margin of Error

Margin of Error Percent: 10.9363025
Margin of Error Value: 2,588,604

Confidence Interval Values (5)

Local Test Value: 18,158,621 (Outside Confidence Interval)
State Lower Limit: 21,081,224 (State Test Value minus Margin of Error Percent)
State Upper Limit: 26,258,432 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 28,105,816 (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