taxes Property Tax Assistance

2018 Confidence Interval Detail

095/Hale
140-905/Olton ISD

Category Summary

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

Stratum
Variance
E 6,295,931 0.9575 6,575,385 21 83 .032555939
Random Totals: 6,295,931   6,575,385 21 83  
Catg D1 Exception Values: 9,566,230   4,707,507      
Total Test Values (4): 15,862,161   11,282,892      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 564,144

Confidence Interval Values (5)

State Lower Limit: 10,718,748 (State Test Value minus Margin of Error Percent)
State Upper Limit: 11,847,036 (State Test Value plus Margin of Error Percent)
Local Test Value: 15,862,161 (Outside Confidence Interval)
Value Assigned (6): 18,266,443 (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