taxes Property Tax Assistance

2018 Confidence Interval Detail

110/Hockley
110-905/Ropes ISD

Category Summary

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

Stratum
Variance
A 13,552,351 0.9065 14,950,194 9 185 .010705212
A 12,773,420 0.9140 13,975,295 9 86 .011769901
A 15,285,830 0.9294 16,446,987 10 63 .039933815
A 16,418,900 0.9774 16,798,547 10 37 .028160044
Random Totals: 58,030,501   62,171,023 38 371  
Catg J Exception Values: 666,400   704,131      
Catg D1 Exception Values: 26,465,625   18,088,414      
Total Test Values (4): 85,162,526   80,963,568      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,048,178

Confidence Interval Values (5)

State Lower Limit: 76,915,390 (State Test Value minus Margin of Error Percent)
State Upper Limit: 85,011,746 (State Test Value plus Margin of Error Percent)
Local Test Value: 85,162,526 (Outside Confidence Interval)
Value Assigned (6): 105,468,683 (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