taxes Property Tax Assistance

2023 Confidence Interval Detail

Smith County
212-909/Chapel Hill ISD

Category Summary

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

Stratum
Variance
A 238,892,069 0.9113 262,144,265 19 1,796 0.022512343
A 237,161,386 0.9800 242,001,414 26 972 0.008859503
A 270,407,465 1.0158 266,201,482 26 797 0.005503103
A 587,810,212 0.9979 589,047,211 50 1,031 0.005465283
B 44,166,425 0.9042 48,845,858 10 184 0.038395780
B 49,944,178 0.8717 57,295,145 6 20 0.192648879
E 356,652,205 0.9108 391,581,253 20 2,074 0.037369986
F1 34,266,119 0.8177 41,905,490 10 144 0.045295150
F1 36,526,392 0.8942 40,848,123 10 46 0.024752277
F1 40,269,231 0.8002 50,323,958 6 16 0.214063471
Random Totals: 1,896,095,682 1,990,194,199 183 7,080
CATG B EXCEPTION VALUES: 51,485,613 54,655,742
CATG D1 EXCEPTION VALUES: 8,579,810 7,079,686
CATG F1 EXCEPTION VALUES: 32,770,000 39,133,769
Total Test Values 1,988,931,105 2,091,063,396

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 104,553,170

Confidence Interval Values(5)

Local Test Value: 1,988,931,105 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,986,510,226 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,195,616,566 (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