taxes Property Tax Assistance

2016 Confidence Interval Detail

180/Oldham
103-901/Channing ISD

Category Summary

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

Stratum
Variance
D2 698,930 1.0402 671,919 10 15 .008008019
G1 1,092,010 1.0046 1,087,010 15 24 .189056697
Random Totals: 1,790,940   1,758,929 25 39  
Catg J Exception Values: 11,657,820   11,195,923      
Catg D1 Exception Values: 12,452,540   12,974,849      
Catg G1 Exception Values: 3,606,216   3,664,837      
Total Test Values (4): 29,507,516   29,594,538      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,479,726

Confidence Interval Values (5)

State Lower Limit: 28,114,812 (State Test Value minus Margin of Error Percent)
Local Test Value: 29,507,516 (Within Confidence Interval)
State Upper Limit: 31,074,264 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 46,190,576 (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