taxes Property Tax Assistance

2021 Confidence Interval Detail

Smith County
212-903/Lindale ISD

Category Summary

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

Stratum
Variance
A 277,282,065 0.9110 304,371,092 75 2,071 0.022071338
A 309,630,905 0.9669 320,230,536 75 1,539 0.011164586
A 322,167,901 0.9798 328,809,860 75 1,198 0.006445239
A 350,505,831 0.9941 352,586,089 74 854 0.006200055
E 338,666,702 0.9630 351,678,818 45 1,991 0.020221285
F1 45,956,416 0.8459 54,328,427 15 160 0.048237034
F1 48,950,224 0.8442 57,984,155 12 50 0.054514842
F1 54,921,792 0.7762 70,757,269 8 15 0.042809858
L1 10,741,202 1.0107 10,627,488 10 95 0.001822527
L1 13,280,410 1.0518 12,626,364 9 34 0.007582644
Random Totals: 1,772,103,448 1,864,000,098 398 8,007
CATG D1 EXCEPTION VALUES: 9,224,439 7,277,047
CATG F1 EXCEPTION VALUES: 37,155,617 38,471,554
CATG L1 EXCEPTION VALUES: 138,170,383 129,567,073
Total Test Values 1,956,653,887 2,039,315,772

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 101,965,789

Confidence Interval Values(5)

Local Test Value: 1,956,653,887 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,937,349,983 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,141,281,561 (State Test Value plus Margin of Error Percent)

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