taxes Property Tax Assistance

2016 Confidence Interval Detail

177/Nolan
221-905/Trent ISD

Category Summary

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

Stratum
Variance
E 4,062,020 0.8421 4,823,679 12 96 .067234889
G1 7,907,120 1.0358 7,633,829 15 41 .010026367
Random Totals: 11,969,140   12,457,508 27 137  
Catg J Exception Values: 15,081,220   16,089,367      
Catg D1 Exception Values: 1,805,380   2,355,268      
Catg G1 Exception Values: 12,521,850   12,306,784      
Total Test Values (4): 41,377,590   43,208,927      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,160,446

Confidence Interval Values (5)

State Lower Limit: 41,048,481 (State Test Value minus Margin of Error Percent)
Local Test Value: 41,377,590 (Within Confidence Interval)
State Upper Limit: 45,369,373 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 76,833,146 (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