taxes Property Tax Assistance

2017 Confidence Interval Detail

072/Erath
072-910/Morgan Mill ISD

Category Summary

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

Stratum
Variance
A 2,918,510 0.9884 2,952,762 8 47 .003214696
A 3,625,150 0.9069 3,997,298 9 31 .041837651
A 2,649,790 0.8816 3,005,660 6 12 .016256531
A 3,956,040 0.9961 3,971,529 8 13 .010379222
E 64,933,380 0.9385 69,188,471 21 373 .031808061
L1 1,052,670 1.2004 876,933 9 29 .021467181
Random Totals: 79,135,540   83,992,653 61 505  
Catg J Exception Values: 8,336,280   9,618,050      
Catg D1 Exception Values: 5,357,570   3,641,976      
Total Test Values (4): 92,829,390   97,252,679      

Margin of Error

Margin of Error Percent: 5.4093646
Margin of Error Value: 5,260,752

Confidence Interval Values (5)

State Lower Limit: 91,991,927 (State Test Value minus Margin of Error Percent)
Local Test Value: 92,829,390 (Within Confidence Interval)
State Upper Limit: 102,513,431 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 93,738,770 (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