taxes Property Tax Assistance

2018 Confidence Interval Detail

125/Jim Wells
125-902/Ben Bolt-Palito Blanco ISD

Category Summary

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

Stratum
Variance
A 2,037,529 0.7343 2,774,791 11 81 .064231640
A 2,156,808 0.8240 2,617,485 10 40 .038779329
A 1,924,468 0.9341 2,060,238 11 22 .037215816
A 2,819,000 0.9769 2,885,659 9 20 .031769854
E 62,713,099 0.8770 71,508,665 22 1,095 .078633322
Random Totals: 71,650,904   81,846,838 63 1,258  
Catg J Exception Values: 191,080   205,957      
Catg D1 Exception Values: 7,730,674   7,473,297      
Total Test Values (4): 79,572,658   89,526,092      

Margin of Error

Margin of Error Percent: 9.4762363
Margin of Error Value: 8,483,704

Confidence Interval Values (5)

Local Test Value: 79,572,658 (Outside Confidence Interval)
State Lower Limit: 81,042,388 (State Test Value minus Margin of Error Percent)
State Upper Limit: 98,009,796 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 94,064,604 (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