taxes Property Tax Assistance

2016 Confidence Interval Detail

043/Collin
043-911/Princeton ISD

Category Summary

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

Stratum
Variance
A 121,125,428 0.9104 133,046,384 30 1,628 .039533365
A 86,050,790 0.9323 92,299,464 31 621 .007606248
A 176,363,332 0.9697 181,874,118 77 1,054 .005347558
A 220,852,397 0.9735 226,864,301 66 936 .006588703
E 87,153,563 0.9532 91,432,609 15 599 .015995793
F1 9,819,632 0.9349 10,503,404 7 31 .030985047
F1 10,735,417 0.9144 11,740,395 8 14 .009423050
F1 8,106,404 0.9335 8,683,882 4 6 .006856189
F1 26,041,482 0.8934 29,148,737 2 6 .054069102
Random Totals: 746,248,445   785,593,294 240 4,895  
Catg D1 Exception Values: 2,392,073   2,052,847      
Total Test Values (4): 748,640,518   787,646,141      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,382,307

Confidence Interval Values (5)

State Lower Limit: 748,263,834 (State Test Value minus Margin of Error Percent)
Local Test Value: 748,640,518 (Within Confidence Interval)
State Upper Limit: 827,028,448 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 743,202,925 (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