taxes Property Tax Assistance

2017 Confidence Interval Detail

250/Wood
230-901/Big Sandy ISD

Category Summary

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

Stratum
Variance
E 12,460,243 1.1149 11,176,108 11 214 .052532950
Random Totals: 12,460,243   11,176,108 11 214  
Catg J Exception Values: 809,410   802,005      
Catg D1 Exception Values: 760,917   937,734      
Catg G1 Exception Values: 11,594,285   11,233,434      
Total Test Values (4): 25,624,855   24,149,281      

Margin of Error

Margin of Error Percent: 6.9306991
Margin of Error Value: 1,673,714

Confidence Interval Values (5)

State Lower Limit: 22,475,567 (State Test Value minus Margin of Error Percent)
Local Test Value: 25,624,855 (Within Confidence Interval)
State Upper Limit: 25,822,995 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 34,541,750 (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