taxes Property Tax Assistance

2018 Confidence Interval Detail

185/Parmer
185-903/Friona ISD

Category Summary

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

Stratum
Variance
A 18,468,547 0.9712 19,016,214 13 428 .047747736
A 15,786,372 0.9489 16,636,497 12 194 .017287143
A 20,461,103 0.9293 22,017,759 12 181 .006469992
A 25,681,337 0.9690 26,502,928 14 120 .006801333
E 35,278,999 0.9820 35,925,661 20 597 .008942932
L1 2,815,013 0.9433 2,984,218 10 77 .011514848
L1 4,492,803 1.0411 4,315,438 7 25 .001727751
L1 2,532,220 0.9973 2,539,076 4 6 .004607696
L1 4,494,486 0.9787 4,592,302 2 4 .000004885
Random Totals: 130,010,880   134,530,093 94 1,632  
Catg J Exception Values: 27,258,890   28,579,911      
Catg D1 Exception Values: 30,160,956   20,019,897      
Total Test Values (4): 187,430,726   183,129,901      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,156,495

Confidence Interval Values (5)

State Lower Limit: 173,973,406 (State Test Value minus Margin of Error Percent)
Local Test Value: 187,430,726 (Within Confidence Interval)
State Upper Limit: 192,286,396 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 385,015,204 (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