taxes Property Tax Assistance

2018 Confidence Interval Detail

100/Hardin
100-907/Lumberton ISD

Category Summary

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

Stratum
Variance
A 221,136,850 0.9983 221,513,423 22 2,253 .015317545
A 223,022,128 0.9608 232,121,282 27 1,404 .004646433
A 231,220,850 0.9763 236,833,811 37 1,047 .003263947
A 248,354,160 0.9966 249,201,445 41 735 .003647746
E 81,988,990 0.9033 90,766,069 10 513 .054105780
F1 56,497,340 0.7738 73,012,846 7 180 .032666371
F1 56,717,920 0.9287 61,072,381 6 32 .177472498
Random Totals: 1,118,938,238   1,164,521,257 150 6,164  
Catg D1 Exception Values: 4,579,953   4,548,167      
Total Test Values (4): 1,123,518,191   1,169,069,424      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 58,453,471

Confidence Interval Values (5)

State Lower Limit: 1,110,615,953 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,123,518,191 (Within Confidence Interval)
State Upper Limit: 1,227,522,895 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,153,646,667 (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