taxes Property Tax Assistance

2016 Confidence Interval Detail

176/Newton
176-901/Burkeville ISD

Category Summary

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

Stratum
Variance
A 24,291,851 0.9217 26,355,486 12 485 .047361876
A 26,925,456 0.9361 28,763,440 12 268 .024546850
A 27,010,494 0.9402 28,728,456 9 177 .008428318
A 26,772,912 1.0774 24,849,556 10 109 .016808804
E 25,382,915 1.0576 24,000,487 15 691 .034975439
G1 2,442,380 1.0304 2,370,322 6 17 .074314371
G1 2,410,140 1.0313 2,336,992 2 3 .002538804
Random Totals: 135,236,148   137,404,739 66 1,750  
Catg D1 Exception Values: 39,168,057   40,459,372      
Catg G1 Exception Values: 14,974,460   14,197,656      
Total Test Values (4): 189,378,665   192,061,767      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,603,088

Confidence Interval Values (5)

State Lower Limit: 182,458,679 (State Test Value minus Margin of Error Percent)
Local Test Value: 189,378,665 (Within Confidence Interval)
State Upper Limit: 201,664,855 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 196,713,932 (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