taxes Property Tax Assistance

2018 Confidence Interval Detail

109/Hill
109-902/Bynum ISD

Category Summary

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

Stratum
Variance
A 3,257,650 0.8427 3,865,729 7 72 .127722901
A 3,725,240 1.0734 3,470,505 8 46 .060496093
A 3,463,380 1.1625 2,979,252 7 30 .051360575
A 4,034,300 1.1342 3,556,956 7 23 .103507876
E 27,075,620 1.0914 24,808,155 19 265 .028339844
L1 5,788,450 1.0099 5,731,706 8 32 .001061085
Random Totals: 47,344,640   44,412,303 56 468  
Catg J Exception Values: 13,128,087   15,454,891      
Catg D1 Exception Values: 9,727,868   10,520,575      
Catg L1 Exception Values: 9,068,330   9,070,830      
Total Test Values (4): 79,268,925   79,458,599      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,972,929

Confidence Interval Values (5)

State Lower Limit: 75,485,670 (State Test Value minus Margin of Error Percent)
Local Test Value: 79,268,925 (Within Confidence Interval)
State Upper Limit: 83,431,528 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 87,166,258 (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