taxes Property Tax Assistance

2018 Confidence Interval Detail

111/Hood
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 5,505,260 0.8816 6,244,623 9 106 .036698073
A 5,876,100 1.0030 5,858,524 9 66 .001799885
A 6,059,080 0.9648 6,280,141 8 45 .001409781
A 5,604,910 0.9609 5,832,979 7 27 .007388900
E 44,946,060 0.9429 47,667,897 15 465 .021394737
Random Totals: 67,991,410   71,884,164 48 709  
Catg J Exception Values: 1,298,120   1,524,109      
Catg D1 Exception Values: 3,453,270   2,725,979      
Total Test Values (4): 72,742,800   76,134,252      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,806,712

Confidence Interval Values (5)

State Lower Limit: 72,327,540 (State Test Value minus Margin of Error Percent)
Local Test Value: 72,742,800 (Within Confidence Interval)
State Upper Limit: 79,940,964 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 116,101,970 (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