taxes Property Tax Assistance

2018 Confidence Interval Detail

185/Parmer
185-902/Farwell ISD

Category Summary

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

Stratum
Variance
A 9,097,445 0.9258 9,826,577 11 192 .019849385
A 9,499,156 1.0097 9,407,899 11 112 .008854844
A 8,622,617 0.9740 8,852,790 10 68 .002264003
A 7,884,702 0.9746 8,090,193 11 42 .006656770
E 35,896,777 0.9462 37,937,832 20 408 .009223055
L1 1,335,812 0.9470 1,410,572 8 44 .010552030
L1 1,313,451 0.9963 1,318,329 6 16 .003222784
L1 1,545,814 1.0096 1,531,115 5 9 .001043560
L1 1,542,867 0.9556 1,614,553 2 4 .005857074
Random Totals: 76,738,641   79,989,860 84 895  
Catg J Exception Values: 19,625,100   20,575,432      
Catg D1 Exception Values: 14,163,996   7,108,400      
Total Test Values (4): 110,527,737   107,673,692      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,383,684

Confidence Interval Values (5)

State Lower Limit: 102,290,008 (State Test Value minus Margin of Error Percent)
Local Test Value: 110,527,737 (Within Confidence Interval)
State Upper Limit: 113,057,376 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 167,432,984 (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