taxes Property Tax Assistance

2016 Confidence Interval Detail

077/Floyd
095-904/Petersburg ISD

Category Summary

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

Stratum
Variance
E 707,580 0.9554 740,611 16 23 .010167672
Random Totals: 707,580   740,611 16 23  
Catg D1 Exception Values: 5,098,040   4,432,424      
Total Test Values (4): 5,805,620   5,173,035      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 258,651

Confidence Interval Values (5)

State Lower Limit: 4,914,384 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,431,686 (State Test Value plus Margin of Error Percent)
Local Test Value: 5,805,620 (Outside Confidence Interval)
Value Assigned (6): 6,866,803 (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