taxes Property Tax Assistance

2016 Confidence Interval Detail

039/Clay
039-903/Petrolia CISD

Category Summary

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

Stratum
Variance
A 16,037,500 1.1156 14,375,672 10 388 .108792996
A 16,503,570 0.8531 19,345,411 9 209 .031250862
A 16,836,630 0.8763 19,213,317 8 131 .022369523
A 16,796,740 0.8923 18,824,095 10 84 .011616465
E 27,320,370 1.0013 27,284,900 15 503 .044321034
Random Totals: 93,494,810   99,043,395 52 1,315  
Catg J Exception Values: 18,943,450   15,146,861      
Catg D1 Exception Values: 14,110,860   12,569,415      
Total Test Values (4): 126,549,120   126,759,671      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,337,983

Confidence Interval Values (5)

State Lower Limit: 120,421,688 (State Test Value minus Margin of Error Percent)
Local Test Value: 126,549,120 (Within Confidence Interval)
State Upper Limit: 133,097,654 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 124,232,531 (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, D3, 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