taxes Property Tax Assistance

2017 Confidence Interval Detail

081/Freestone
081-904/Teague ISD

Category Summary

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

Stratum
Variance
A 18,560,756 0.8411 22,067,241 9 505 .166812861
A 23,783,929 0.9071 26,219,743 10 364 .031728107
A 23,934,934 0.9335 25,639,994 10 231 .018826129
A 29,591,578 1.0127 29,220,478 10 151 .003155291
E 118,032,008 1.0483 112,593,731 20 2,047 .095910209
G1 29,208,690 0.9842 29,677,596 15 760 .040085271
G1 29,144,600 0.9943 29,311,677 15 286 .029072028
G1 29,191,811 0.9847 29,645,385 15 179 .007243026
G1 29,148,271 1.0070 28,945,651 15 84 .003068417
Random Totals: 330,596,577   333,321,496 119 4,607  
Catg J Exception Values: 7,536,110   7,632,460      
Catg D1 Exception Values: 11,956,322   12,069,833      
Total Test Values (4): 350,089,009   353,023,789      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,651,189

Confidence Interval Values (5)

State Lower Limit: 335,372,600 (State Test Value minus Margin of Error Percent)
Local Test Value: 350,089,009 (Within Confidence Interval)
State Upper Limit: 370,674,978 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 704,812,990 (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