taxes Property Tax Assistance

2017 Confidence Interval Detail

110/Hockley
110-906/Smyer ISD

Category Summary

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

Stratum
Variance
A 10,973,620 0.8552 12,831,642 10 245 .068743909
A 11,060,160 1.0044 11,011,708 9 135 .013723356
A 12,821,280 1.0203 12,566,186 10 98 .006956221
A 12,767,540 0.9804 13,022,787 8 47 .005824821
G1 17,495,570 1.0108 17,308,637 7 25 .001788847
Random Totals: 65,118,170   66,740,960 44 550  
Catg J Exception Values: 253,590   321,722      
Catg D1 Exception Values: 13,399,870   5,535,725      
Catg G1 Exception Values: 13,054,630   13,063,292      
Total Test Values (4): 91,826,260   85,661,699      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,283,084

Confidence Interval Values (5)

State Lower Limit: 81,378,615 (State Test Value minus Margin of Error Percent)
State Upper Limit: 89,944,783 (State Test Value plus Margin of Error Percent)
Local Test Value: 91,826,260 (Outside Confidence Interval)
Value Assigned (6): 97,473,601 (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