taxes Property Tax Assistance

2017 Confidence Interval Detail

081/Freestone
081-905/Wortham ISD

Category Summary

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

Stratum
Variance
A 5,213,947 0.9731 5,358,079 9 160 .074983750
A 5,027,515 0.9240 5,441,034 8 96 .067238666
A 4,607,704 0.8932 5,158,648 9 63 .019389240
A 5,127,931 1.0021 5,117,185 8 38 .032590885
E 24,980,448 0.9040 27,633,239 19 501 .013828691
Random Totals: 44,957,545   48,708,185 53 858  
Catg J Exception Values: 6,802,290   7,251,651      
Catg D1 Exception Values: 4,077,742   4,117,833      
Total Test Values (4): 55,837,577   60,077,669      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,003,883

Confidence Interval Values (5)

Local Test Value: 55,837,577 (Outside Confidence Interval)
State Lower Limit: 57,073,786 (State Test Value minus Margin of Error Percent)
State Upper Limit: 63,081,552 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 126,678,958 (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