taxes Property Tax Assistance

2017 Confidence Interval Detail

129/Kaufman
234-907/Wills Point ISD

Category Summary

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

Stratum
Variance
A 15,102,180 0.6249 24,167,355 10 305 .266277484
A 14,972,570 0.8594 17,422,120 7 150 .010479989
A 19,835,105 0.8783 22,583,519 12 118 .041244690
A 19,540,839 1.0536 18,546,734 9 56 .011683641
C1 6,107,930 1.0351 5,900,812 11 229 .198626194
C1 1,114,190 0.9528 1,169,385 7 23 .031892246
E 47,128,434 0.8399 56,111,959 14 580 .021906472
Random Totals: 123,801,248   145,901,884 70 1,461  
Catg J Exception Values: 5,381,825   5,129,430      
Catg D1 Exception Values: 2,973,350   2,930,717      
Catg C1 Exception Values: 60,920   76,660      
Total Test Values (4): 132,217,343   154,038,691      

Margin of Error

Margin of Error Percent: 6.1891846
Margin of Error Value: 9,533,739

Confidence Interval Values (5)

Local Test Value: 132,217,343 (Outside Confidence Interval)
State Lower Limit: 144,504,952 (State Test Value minus Margin of Error Percent)
State Upper Limit: 163,572,430 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 127,730,796 (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