taxes Property Tax Assistance

2018 Confidence Interval Detail

107/Henderson
001-904/Frankston ISD

Category Summary

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

Stratum
Variance
A 18,428,080 0.9955 18,511,381 14 270 .069072179
A 19,232,460 0.9344 20,582,684 14 133 .012594957
A 20,749,750 0.9057 22,910,180 10 95 .035316083
A 19,828,070 0.9938 19,951,771 12 43 .004636425
E 18,599,340 0.9800 18,978,918 15 166 .052633804
Random Totals: 96,837,700   100,934,934 65 707  
Catg D1 Exception Values: 953,390   1,255,197      
Total Test Values (4): 97,791,090   102,190,131      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,109,506

Confidence Interval Values (5)

State Lower Limit: 97,080,625 (State Test Value minus Margin of Error Percent)
Local Test Value: 97,791,090 (Within Confidence Interval)
State Upper Limit: 107,299,637 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 87,096,939 (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