taxes Property Tax Assistance

2018 Confidence Interval Detail

252/Young
252-902/Newcastle ISD

Category Summary

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

Stratum
Variance
A 1,284,750 0.5569 2,306,967 10 87 .099437321
A 1,205,870 0.7068 1,706,098 8 45 .044514274
A 1,223,850 0.6827 1,792,661 7 27 .187668750
A 1,291,350 0.9242 1,397,262 6 18 .005606383
E 24,339,360 0.8745 27,832,316 20 386 .151499836
G1 2,864,380 0.9963 2,875,018 8 45 .016451098
G1 3,291,700 1.0216 3,222,103 5 9 .004264796
G1 2,940,470 0.9677 3,038,617 2 3 .001126728
Random Totals: 38,441,730   44,171,042 66 620  
Catg J Exception Values: 3,335,560   3,702,645      
Catg D1 Exception Values: 12,402,055   9,683,691      
Catg G1 Exception Values: 1,789,700   1,698,618      
Total Test Values (4): 55,969,045   59,255,996      

Margin of Error

Margin of Error Percent: 8.0644784
Margin of Error Value: 4,778,687

Confidence Interval Values (5)

State Lower Limit: 54,477,309 (State Test Value minus Margin of Error Percent)
Local Test Value: 55,969,045 (Within Confidence Interval)
State Upper Limit: 64,034,683 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 73,606,721 (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