taxes Property Tax Assistance

2017 Confidence Interval Detail

250/Wood
230-905/Harmony ISD

Category Summary

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

Stratum
Variance
A 56,434,600 0.9687 58,258,078 42 589 .034960905
A 51,619,614 0.9768 52,845,633 28 348 .021438432
A 61,767,440 0.9218 67,007,420 21 319 .021383018
A 61,981,660 1.0165 60,975,563 17 214 .010626908
E 30,509,883 0.9253 32,972,963 9 526 .010418032
Random Totals: 262,313,197   272,059,657 117 1,996  
Catg D1 Exception Values: 2,362,974   3,104,096      
Total Test Values (4): 264,676,171   275,163,753      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,758,187

Confidence Interval Values (5)

State Lower Limit: 261,405,566 (State Test Value minus Margin of Error Percent)
Local Test Value: 264,676,171 (Within Confidence Interval)
State Upper Limit: 288,921,940 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 245,518,795 (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