taxes Property Tax Assistance

2023 Confidence Interval Detail

Smith County
212-905/Tyler ISD

Category Summary

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

Stratum
Variance
A 1,518,134,523 0.9318 1,629,249,327 144 10,955 0.022504284
A 1,809,190,094 0.9513 1,901,808,151 145 7,858 0.011285636
A 2,530,581,216 0.9960 2,540,744,193 148 7,718 0.004928930
A 3,125,872,967 0.9795 3,191,294,504 146 4,737 0.020441475
B 276,198,336 1.0241 269,698,600 23 1,025 0.015699006
B 247,817,953 0.6552 378,232,529 9 78 0.266193877
B 243,524,887 0.8902 273,561,994 7 19 0.021659593
B 255,447,934 0.8223 310,650,534 5 10 0.099490712
E 634,419,200 1.0014 633,532,255 17 2,858 0.003663674
F1 645,486,221 0.8591 751,351,672 13 1,452 0.063178801
F1 662,987,326 0.8032 825,432,428 11 422 0.230661503
F1 648,985,470 0.7529 861,980,967 13 157 0.115524662
F1 675,597,190 0.9590 704,480,907 8 39 0.022223508
L1 231,080,269 0.9655 239,337,410 10 1,331 0.004102934
L1 215,996,365 0.9196 234,880,780 10 242 0.017318771
L1 270,901,450 0.9684 279,741,274 10 96 0.002182931
L1 294,345,902 0.8855 332,406,439 7 19 0.006911533
Random Totals: 14,286,567,303 15,358,383,964 726 39,016
CATG D1 EXCEPTION VALUES: 8,511,623 6,634,132
CATG J EXCEPTION VALUES: 65,331,274 68,490,504
Total Test Values 14,360,410,200 15,433,508,600

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 771,675,430

Confidence Interval Values(5)

Local Test Value: 14,360,410,200 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 14,661,833,170 (State Test Value minus Margin of Error Percent)
State Upper Limit: 16,205,184,030 (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