taxes Property Tax Assistance

2018 Confidence Interval Detail

110/Hockley
110-906/Smyer ISD

Category Summary

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

Stratum
Variance
A 11,614,090 0.9253 12,551,702 10 247 .104626788
A 11,768,180 0.9564 12,304,663 9 136 .087027040
A 13,843,380 1.0992 12,594,050 9 99 .015049903
A 13,960,130 1.1366 12,282,360 8 47 .005148078
G1 26,406,170 1.0582 24,953,856 7 26 .005304850
Random Totals: 77,591,950   74,686,631 43 555  
Catg J Exception Values: 938,300   991,443      
Catg D1 Exception Values: 14,106,218   8,864,205      
Catg G1 Exception Values: 13,574,850   13,532,405      
Total Test Values (4): 106,211,318   98,074,684      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,903,734

Confidence Interval Values (5)

State Lower Limit: 93,170,950 (State Test Value minus Margin of Error Percent)
State Upper Limit: 102,978,418 (State Test Value plus Margin of Error Percent)
Local Test Value: 106,211,318 (Outside Confidence Interval)
Value Assigned (6): 110,635,077 (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