taxes Property Tax Assistance

2018 Confidence Interval Detail

095/Hale
095-902/Cotton Center ISD

Category Summary

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

Stratum
Variance
E 10,919,754 0.9616 11,355,817 20 223 .013441202
L1 1,079,743 0.9802 1,101,554 8 50 .018420018
Random Totals: 11,999,497   12,457,371 28 273  
Catg J Exception Values: 813,300   759,431      
Catg D1 Exception Values: 18,707,268   9,168,486      
Catg L1 Exception Values: 866,729   712,417      
Total Test Values (4): 32,386,794   23,097,705      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,154,885

Confidence Interval Values (5)

State Lower Limit: 21,942,820 (State Test Value minus Margin of Error Percent)
State Upper Limit: 24,252,590 (State Test Value plus Margin of Error Percent)
Local Test Value: 32,386,794 (Outside Confidence Interval)
Value Assigned (6): 36,568,005 (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