taxes Property Tax Assistance

2018 Confidence Interval Detail

176/Newton
176-901/Burkeville ISD

Category Summary

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

Stratum
Variance
A 25,297,534 0.9219 27,440,649 20 476 .050433363
A 25,499,752 0.9320 27,360,249 17 245 .014925037
A 30,419,345 0.9531 31,916,216 16 192 .019024011
A 34,818,229 0.9559 36,424,552 17 136 .003923772
E 25,504,796 0.8770 29,081,865 19 717 .024814327
G1 3,069,360 1.0078 3,045,604 7 21 .011133013
G1 3,756,890 1.0351 3,629,495 2 3 .000089730
Random Totals: 148,365,906   158,898,630 98 1,790  
Catg D1 Exception Values: 43,542,821   42,764,847      
Catg G1 Exception Values: 9,498,710   9,503,666      
Total Test Values (4): 201,407,437   211,167,143      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,558,357

Confidence Interval Values (5)

State Lower Limit: 200,608,786 (State Test Value minus Margin of Error Percent)
Local Test Value: 201,407,437 (Within Confidence Interval)
State Upper Limit: 221,725,500 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 203,630,194 (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