taxes Property Tax Assistance

2018 Confidence Interval Detail

246/Williamson
246-902/Florence ISD

Category Summary

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

Stratum
Variance
A 36,433,874 0.9438 38,603,384 16 389 .045985839
A 42,729,434 1.0932 39,086,566 15 257 .033964189
A 41,318,147 1.0752 38,428,336 16 155 .024191528
A 53,171,131 1.0185 52,205,332 14 123 .015531569
E 139,155,524 1.0177 136,735,309 23 883 .032165443
F1 4,625,873 0.9777 4,731,383 8 40 .002126332
F1 6,675,651 0.8861 7,533,744 7 27 .017506398
F1 3,976,083 0.9718 4,091,462 5 8 .000517954
F1 8,490,339 0.9327 9,102,969 3 9 .001679924
Random Totals: 336,576,056   330,518,485 107 1,891  
Catg D1 Exception Values: 3,084,148   2,959,844      
Total Test Values (4): 339,660,204   333,478,329      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,673,916

Confidence Interval Values (5)

State Lower Limit: 316,804,413 (State Test Value minus Margin of Error Percent)
Local Test Value: 339,660,204 (Within Confidence Interval)
State Upper Limit: 350,152,245 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 332,104,050 (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