taxes Property Tax Assistance

2016 Confidence Interval Detail

093/Grimes
154-901/Madisonville CISD

Category Summary

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

Stratum
Variance
A 4,493,980 0.8225 5,463,805 9 130 .090493069
A 8,547,020 0.8254 10,355,004 8 185 .038603407
A 8,389,630 0.8873 9,455,235 8 128 .046073431
A 9,345,290 1.1123 8,401,771 8 74 .051579133
E 45,389,491 0.9629 47,138,323 14 493 .035100873
Random Totals: 76,165,411   80,814,138 47 1,010  
Catg J Exception Values: 2,589,847   2,904,506      
Catg D1 Exception Values: 3,265,421   3,512,920      
Total Test Values (4): 82,020,679   87,231,564      

Margin of Error

Margin of Error Percent: 6.1446130
Margin of Error Value: 5,360,042

Confidence Interval Values (5)

State Lower Limit: 81,871,522 (State Test Value minus Margin of Error Percent)
Local Test Value: 82,020,679 (Within Confidence Interval)
State Upper Limit: 92,591,606 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 101,748,134 (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