taxes Property Tax Assistance

2016 Confidence Interval Detail

040/Cochran
040-901/Morton ISD

Category Summary

(1)
Category		 (1)
Local
Value		 (1)
Stratum
Ratio		 (1)
State
Value		 (2)
Sample
Size		 (3)
Total
Parcels
Stratum
Variance
A 4,431,675 0.7353 6,027,030 13 331 .038737920
A 4,196,341 0.7836 5,355,208 13 140 .010571131
A 4,290,915 0.7750 5,536,665 11 84 .005064065
A 4,791,465 0.8051 5,951,391 10 57 .037181818
E 7,146,785 0.7027 10,170,464 18 313 .118641647
F1 952,562 0.6892 1,382,127 9 64 .073196738
F1 931,798 0.7203 1,293,625 9 21 .052792789
F1 995,449 0.8536 1,166,177 5 10 .118183548
F1 888,626 0.9297 955,820 2 3 .151447036
G1 1,336,489 0.9304 1,436,467 11 24 .075807322
L1 886,476 0.9723 911,731 8 30 .001310023
L1 1,295,201 1.0453 1,239,071 6 14 .021573287
L1 533,546 0.9999 533,599 3 3 .000694646
Random Totals: 32,677,328   41,959,375 118 1,094  
Catg D1 Exception Values: 17,224,469   15,238,157      
Catg G1 Exception Values: 2,192,399   2,234,282      
Catg L1 Exception Values: 1,990,090   1,949,414      
Total Test Values (4): 54,084,286   61,381,228      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,069,061

Confidence Interval Values (5)

Local Test Value: 54,084,286 (Outside Confidence Interval)
State Lower Limit: 58,312,167 (State Test Value minus Margin of Error Percent)
State Upper Limit: 64,450,289 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 59,757,698 (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