taxes Property Tax Assistance

2016 Confidence Interval Detail

118/Irion
118-902/Irion County ISD

Category Summary

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

Stratum
Variance
G1 132,391,110 1.0233 129,376,634 11 183 .004344838
G1 132,370,274 1.0066 131,502,358 9 40 .000959728
G1 134,716,282 1.0140 132,856,294 7 18 .000105974
G1 129,513,040 1.0267 126,144,969 5 8 .000490654
Random Totals: 528,990,706   519,880,255 32 249  
Catg J Exception Values: 1,431,570   1,638,893      
Catg D1 Exception Values: 16,266,210   24,853,478      
Total Test Values (4): 546,688,486   546,372,626      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,318,631

Confidence Interval Values (5)

State Lower Limit: 519,053,995 (State Test Value minus Margin of Error Percent)
Local Test Value: 546,688,486 (Within Confidence Interval)
State Upper Limit: 573,691,257 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,002,661,923 (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