taxes Property Tax Assistance

2018 Confidence Interval Detail

199/Rockwall
199-902/Royse City ISD

Category Summary

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

Stratum
Variance
A 207,583,506 0.8902 233,187,493 70 1,418 .005450071
A 243,059,131 0.9557 254,325,762 69 1,299 .003124563
A 303,436,351 0.9772 310,516,119 70 1,362 .004481656
A 351,719,091 0.9720 361,850,917 68 1,074 .005072589
E 98,232,402 0.9673 101,553,191 11 446 .015801649
F1 28,890,683 0.9212 31,362,009 9 93 .067863625
F1 25,485,261 0.9564 26,647,073 7 29 .008811289
F1 36,250,003 0.9445 38,380,098 5 16 .015817699
F1 31,137,815 0.8665 35,935,159 2 3 .014032127
Random Totals: 1,325,794,243   1,393,757,821 311 5,740  
Catg D1 Exception Values: 1,565,451   1,323,196      
Total Test Values (4): 1,327,359,694   1,395,081,017      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 69,754,050

Confidence Interval Values (5)

State Lower Limit: 1,325,326,967 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,327,359,694 (Within Confidence Interval)
State Upper Limit: 1,464,835,067 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,371,355,216 (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