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 0.6228 24,248,844 10 305 .268354911
A 14,972,570 0.8205 18,248,105 8 150 .015629684
A 19,835,105 0.8727 22,728,435 13 118 .036550415
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 47,199,614 0.8100 58,271,128 15 580 .031652046
Random Totals: 123,872,428   149,113,443 73 1,461  
Catg J Exception Values: 5,381,825   5,129,430      
Catg D1 Exception Values: 2,969,570   2,926,316      
Catg C1 Exception Values: 60,920   76,660      
Total Test Values (4): 132,284,743   157,245,849      

Margin of Error

Margin of Error Percent: 6.3597437
Margin of Error Value: 10,000,433

Confidence Interval Values (5)

Local Test Value: 132,284,743 (Outside Confidence Interval)
State Lower Limit: 147,245,416 (State Test Value minus Margin of Error Percent)
State Upper Limit: 167,246,282 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 147,243,522 (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