taxes Property Tax Assistance

2018 Confidence Interval Detail

123/Jefferson
123-914/Hamshire-Fannett ISD

Category Summary

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

Stratum
Variance
A 114,137,890 0.9915 115,116,379 8 1,196 .082612814
A 99,378,090 0.9711 102,335,589 10 592 .014802219
A 101,236,670 0.9433 107,321,817 14 425 .002689771
A 105,198,810 0.9683 108,642,786 18 305 .017341010
E 77,956,742 0.9497 82,085,650 10 1,181 .032945630
L1 2,983,920 1.0130 2,945,627 8 23 .001950840
L1 2,478,670 1.0643 2,328,920 4 7 .009555020
L1 2,967,460 1.1258 2,635,868 2 3 .039367062
Random Totals: 506,338,252   523,412,636 74 3,732  
Catg J Exception Values: 5,679,182   5,662,344      
Catg D1 Exception Values: 12,955,848   10,724,928      
Catg L1 Exception Values: 13,643,350   13,643,350      
Total Test Values (4): 538,616,632   553,443,258      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,672,162

Confidence Interval Values (5)

State Lower Limit: 525,771,096 (State Test Value minus Margin of Error Percent)
Local Test Value: 538,616,632 (Within Confidence Interval)
State Upper Limit: 581,115,420 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 694,347,333 (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