taxes Property Tax Assistance

2016 Confidence Interval Detail

109/Hill
109-910/Mount Calm ISD

Category Summary

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

Stratum
Variance
A 2,237,230 0.9531 2,347,319 9 69 .019239934
A 2,134,930 0.9742 2,191,470 5 40 .003947907
A 2,082,510 0.9065 2,297,308 7 27 .009174789
A 2,497,760 0.9618 2,596,964 6 17 .004093603
E 12,964,490 0.9331 13,893,998 10 191 .033771990
F1 770,670 0.9703 794,260 6 13 .001448789
Random Totals: 22,687,590   24,121,319 43 357  
Catg D1 Exception Values: 2,115,841   2,203,683      
Catg F1 Exception Values: 838,950   874,148      
Total Test Values (4): 25,642,381   27,199,150      

Margin of Error

Margin of Error Percent: 5.9539875
Margin of Error Value: 1,619,434

Confidence Interval Values (5)

State Lower Limit: 25,579,716 (State Test Value minus Margin of Error Percent)
Local Test Value: 25,642,381 (Within Confidence Interval)
State Upper Limit: 28,818,584 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 24,118,924 (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