taxes Property Tax Assistance

2016 Confidence Interval Detail

095/Hale
140-905/Olton ISD

Category Summary

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

Stratum
Variance
E 5,395,152 0.9617 5,610,016 18 81 .014211550
Random Totals: 5,395,152   5,610,016 18 81  
Catg D1 Exception Values: 10,687,107   10,145,660      
Total Test Values (4): 16,082,259   15,755,676      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 787,783

Confidence Interval Values (5)

State Lower Limit: 14,967,893 (State Test Value minus Margin of Error Percent)
Local Test Value: 16,082,259 (Within Confidence Interval)
State Upper Limit: 16,543,459 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 18,993,370 (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