taxes Property Tax Assistance

2017 Confidence Interval Detail

037/Cherokee
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 50,029,282 1.0521 47,551,832 15 519 .020995825
A 44,007,180 0.9992 44,042,414 16 178 .006073958
A 60,490,810 1.0033 60,291,847 15 185 .006500859
A 50,796,440 1.0093 50,328,386 14 90 .007651698
C1 4,645,040 0.6579 7,060,404 16 1,797 .586586341
C1 6,549,730 0.7574 8,647,650 9 201 .220999529
C1 5,280,970 0.9921 5,323,022 10 53 .093112910
C1 4,287,460 1.0090 4,249,217 9 24 .026035112
E 71,495,254 0.9988 71,581,151 15 538 .070233515
Random Totals: 297,582,166   299,075,923 119 3,585  
Catg D1 Exception Values: 2,413,170   2,383,880      
Total Test Values (4): 299,995,336   301,459,803      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,072,990

Confidence Interval Values (5)

State Lower Limit: 286,386,813 (State Test Value minus Margin of Error Percent)
Local Test Value: 299,995,336 (Within Confidence Interval)
State Upper Limit: 316,532,793 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 339,919,564 (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, D2, E, 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