taxes Property Tax Assistance

2017 Confidence Interval Detail

153/Lynn
153-905/New Home ISD

Category Summary

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

Stratum
Variance
A 4,971,330 0.9261 5,368,027 13 56 .023402866
A 2,791,570 1.0130 2,755,745 10 16 .003192035
A 3,205,930 0.9246 3,467,370 6 11 .018764450
E 37,540,740 0.9394 39,962,465 20 279 .124577900
Random Totals: 48,509,570   51,553,607 49 362  
Catg J Exception Values: 18,250   18,223      
Catg D1 Exception Values: 19,518,980   17,994,390      
Catg A Exception Values: 6,207,300   6,116,163      
Total Test Values (4): 74,254,100   75,682,383      

Margin of Error

Margin of Error Percent: 8.0954084
Margin of Error Value: 6,126,798

Confidence Interval Values (5)

State Lower Limit: 69,555,585 (State Test Value minus Margin of Error Percent)
Local Test Value: 74,254,100 (Within Confidence Interval)
State Upper Limit: 81,809,181 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 79,271,593 (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