taxes Property Tax Assistance

2018 Confidence Interval Detail

127/Jones
221-904/Merkel ISD

Category Summary

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

Stratum
Variance
E 31,382,060 1.0104 31,059,046 20 395 .037747504
G1 659,330 1.0179 647,736 7 28 .004454831
G1 603,040 1.0195 591,506 5 9 .005633895
G1 789,150 0.9643 818,366 3 4 .005833870
Random Totals: 33,433,580   33,116,654 35 436  
Catg J Exception Values: 481,870   517,943      
Catg D1 Exception Values: 1,849,420   1,693,155      
Catg G1 Exception Values: 460,420   445,610      
Total Test Values (4): 36,225,290   35,773,362      

Margin of Error

Margin of Error Percent: 7.4805410
Margin of Error Value: 2,676,041

Confidence Interval Values (5)

State Lower Limit: 33,097,321 (State Test Value minus Margin of Error Percent)
Local Test Value: 36,225,290 (Within Confidence Interval)
State Upper Limit: 38,449,403 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 41,872,294 (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