taxes Property Tax Assistance

2018 Confidence Interval Detail

117/Hutchinson
098-903/Pringle-Morse CISD

Category Summary

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

Stratum
Variance
E 5,270,120 0.6414 8,216,589 20 126 .189105068
G1 5,160,120 1.0005 5,157,541 15 88 .080755543
G1 5,056,840 1.0183 4,965,963 14 21 .003317201
G1 5,822,770 0.9872 5,898,268 5 6 .015496545
Random Totals: 21,309,850   24,238,361 54 241  
Catg J Exception Values: 5,341,030   5,640,750      
Catg D1 Exception Values: 17,680,910   20,295,405      
Catg G1 Exception Values: 4,108,230   3,928,437      
Total Test Values (4): 48,440,020   54,102,953      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,705,147

Confidence Interval Values (5)

Local Test Value: 48,440,020 (Outside Confidence Interval)
State Lower Limit: 51,397,806 (State Test Value minus Margin of Error Percent)
State Upper Limit: 56,808,100 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 77,196,100 (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