taxes Property Tax Assistance

2018 Confidence Interval Detail

109/Hill
109-914/Penelope ISD

Category Summary

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

Stratum
Variance
A 1,867,940 0.8790 2,125,074 16 54 .022912127
A 1,756,790 0.9946 1,766,328 14 28 .022438790
A 1,762,570 1.0555 1,669,891 10 19 .019310131
A 1,873,210 1.0495 1,784,859 7 11 .008247888
E 17,046,959 1.0482 16,263,079 20 256 .041757928
Random Totals: 24,307,469   23,609,231 67 368  
Catg D1 Exception Values: 5,266,630   5,535,787      
Total Test Values (4): 29,574,099   29,145,018      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,457,250

Confidence Interval Values (5)

State Lower Limit: 27,687,768 (State Test Value minus Margin of Error Percent)
Local Test Value: 29,574,099 (Within Confidence Interval)
State Upper Limit: 30,602,268 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 31,064,977 (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