taxes Property Tax Assistance

2018 Confidence Interval Detail

206/San Saba
206-903/Cherokee ISD

Category Summary

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

Stratum
Variance
A 1,112,020 0.9122 1,219,053 17 29 .008401253
A 851,660 1.0456 814,518 11 12 .011271949
A 1,143,110 1.0299 1,109,923 10 12 .004453362
A 972,590 1.1129 873,924 6 7 .006990647
E 37,651,870 1.0303 36,544,570 20 415 .014918089
Random Totals: 41,731,250   40,561,988 64 475  
Catg D1 Exception Values: 11,704,922   15,405,564      
Total Test Values (4): 53,436,172   55,967,552      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,798,377

Confidence Interval Values (5)

State Lower Limit: 53,169,175 (State Test Value minus Margin of Error Percent)
Local Test Value: 53,436,172 (Within Confidence Interval)
State Upper Limit: 58,765,929 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 62,458,597 (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