taxes Property Tax Assistance

2018 Confidence Interval Detail

081/Freestone
081-905/Wortham ISD

Category Summary

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

Stratum
Variance
A 4,462,767 0.9451 4,722,005 16 140 .007491370
A 5,461,512 0.9496 5,751,382 17 106 .006270227
A 5,831,049 0.9451 6,169,769 17 78 .004037820
A 5,595,793 0.9663 5,790,948 16 40 .010164924
E 29,063,346 0.8989 32,332,124 21 487 .021053978
Random Totals: 50,414,467   54,766,228 87 851  
Catg J Exception Values: 22,969,030   25,663,509      
Catg D1 Exception Values: 4,114,063   4,013,476      
Total Test Values (4): 77,497,560   84,443,213      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,222,160

Confidence Interval Values (5)

Local Test Value: 77,497,560 (Outside Confidence Interval)
State Lower Limit: 80,221,053 (State Test Value minus Margin of Error Percent)
State Upper Limit: 88,665,373 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 130,553,389 (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