taxes Property Tax Assistance

2017 Confidence Interval Detail

072/Erath
018-906/Iredell ISD

Category Summary

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

Stratum
Variance
E 6,486,130 0.8288 7,825,929 16 51 .061958491
Random Totals: 6,486,130   7,825,929 16 51  
Catg J Exception Values: 337,890   366,352      
Catg D1 Exception Values: 1,276,350   894,382      
Catg F1 Exception Values: 14,500,000   14,047,438      
Total Test Values (4): 22,600,370   23,134,101      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,156,705

Confidence Interval Values (5)

State Lower Limit: 21,977,396 (State Test Value minus Margin of Error Percent)
Local Test Value: 22,600,370 (Within Confidence Interval)
State Upper Limit: 24,290,806 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 28,265,152 (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