taxes Property Tax Assistance

2018 Confidence Interval Detail

129/Kaufman
234-907/Wills Point ISD

Category Summary

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

Stratum
Variance
A 17,501,980 0.6890 25,402,003 21 327 .159660719
A 18,400,472 0.7738 23,779,364 18 161 .056701090
A 20,290,246 0.9372 21,649,857 15 105 .020325768
A 22,578,577 1.0202 22,131,520 20 61 .007381632
C1 5,982,070 0.8646 6,918,887 22 224 .176884258
C1 953,880 0.7420 1,285,553 8 20 .043456126
E 50,237,356 0.8790 57,152,851 25 579 .065408259
Random Totals: 135,944,581   158,320,035 129 1,477  
Catg J Exception Values: 1,561,613   1,641,504      
Catg D1 Exception Values: 2,975,320   2,863,042      
Catg C1 Exception Values: 60,920   61,620      
Total Test Values (4): 140,542,434   162,886,201      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,144,310

Confidence Interval Values (5)

Local Test Value: 140,542,434 (Outside Confidence Interval)
State Lower Limit: 154,741,891 (State Test Value minus Margin of Error Percent)
State Upper Limit: 171,030,511 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 140,334,795 (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