taxes Property Tax Assistance

2018 Confidence Interval Detail

109/Hill
109-910/Mount Calm ISD

Category Summary

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

Stratum
Variance
A 2,182,860 0.9293 2,348,929 8 65 .011654124
A 2,299,090 0.9256 2,483,892 8 40 .006596712
A 2,390,820 1.0216 2,340,270 8 29 .026964295
A 2,563,630 0.9645 2,657,989 6 15 .002713764
E 16,631,608 1.0358 16,056,775 20 208 .004477901
Random Totals: 26,068,008   25,887,855 50 357  
Catg D1 Exception Values: 2,262,751   1,770,673      
Total Test Values (4): 28,330,759   27,658,528      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,382,926

Confidence Interval Values (5)

State Lower Limit: 26,275,602 (State Test Value minus Margin of Error Percent)
Local Test Value: 28,330,759 (Within Confidence Interval)
State Upper Limit: 29,041,454 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 28,158,147 (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