taxes Property Tax Assistance

2023 Confidence Interval Detail

Collin County
043-908/Melissa ISD

Category Summary

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

Stratum
Variance
A 373,793,400 0.9353 399,650,807 28 1,044 0.037456451
A 636,903,969 0.9825 648,248,315 66 1,506 0.003167556
A 970,393,961 0.9710 999,375,861 55 1,969 0.004614256
A 1,714,778,234 0.9729 1,762,543,153 60 2,655 0.012754896
Random Totals: 3,695,869,564 3,809,818,136 209 7,174
CATG D1 EXCEPTION VALUES: 1,172,658 876,576
Total Test Values 3,697,042,222 3,810,694,712

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 190,534,736

Confidence Interval Values(5)

Local Test Value: 3,697,042,222 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,620,159,976 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,001,229,448 (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