taxes Property Tax Assistance

2018 Confidence Interval Detail

211/Sherman
171-902/Sunray ISD

Category Summary

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

Stratum
Variance
E 4,120,650 0.8423 4,892,141 13 70 .028487035
G1 3,135,120 0.9863 3,178,668 8 33 .018721050
G1 3,059,990 1.0377 2,948,820 6 17 .002421340
G1 3,173,700 0.9709 3,268,823 5 12 .004375554
G1 2,809,370 1.0081 2,786,797 4 7 .000742224
Random Totals: 16,298,830   17,075,249 36 139  
Catg D1 Exception Values: 20,506,060   26,829,457      
Total Test Values (4): 36,804,890   43,904,706      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,195,235

Confidence Interval Values (5)

Local Test Value: 36,804,890 (Outside Confidence Interval)
State Lower Limit: 41,709,471 (State Test Value minus Margin of Error Percent)
State Upper Limit: 46,099,941 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 50,734,868 (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