taxes Property Tax Assistance

2017 Confidence Interval Detail

147/Limestone
147-902/Groesbeck ISD

Category Summary

(1)
Category		 (1)
Local
Value		 (1)
Stratum
Ratio		 (1)
State
Value		 (2)
Sample
Size		 (3)
Total
Parcels
Stratum
Variance
A 68,151,477 0.9372 72,718,179 21 1,299 .022409829
A 73,017,836 0.9217 79,220,827 19 648 .032966171
A 71,186,795 0.8957 79,476,158 15 388 .026641397
A 76,022,190 0.9356 81,255,013 10 242 .025444049
E 147,449,482 0.9811 150,289,962 20 2,199 .027109553
F1 11,641,928 0.9802 11,877,094 9 114 .013673211
F1 10,619,600 1.0210 10,401,175 7 25 .005717504
F1 18,962,165 1.0142 18,696,672 9 20 .012384793
G1 13,148,130 0.9581 13,723,129 10 674 .036064605
G1 13,189,040 1.0097 13,062,335 9 168 .008314160
G1 13,263,850 1.0226 12,970,712 9 69 .037354943
G1 12,893,589 1.0024 12,862,718 7 26 .002718163
Random Totals: 529,546,082   556,553,974 145 5,872  
Catg J Exception Values: 16,305,900   15,805,522      
Catg D1 Exception Values: 12,499,828   10,627,906      
Total Test Values (4): 558,351,810   582,987,402      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 29,149,370

Confidence Interval Values (5)

State Lower Limit: 553,838,032 (State Test Value minus Margin of Error Percent)
Local Test Value: 558,351,810 (Within Confidence Interval)
State Upper Limit: 612,136,772 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,288,379,922 (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