taxes Property Tax Assistance

2016 Confidence Interval Detail

070/Ellis
070-910/Palmer ISD

Category Summary

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

Stratum
Variance
A 38,699,493 0.9156 42,266,812 10 592 .017382688
A 36,678,811 0.9455 38,793,031 16 290 .005530565
A 41,523,124 0.9455 43,916,577 11 231 .002497614
A 47,783,112 0.9805 48,733,414 14 167 .005060836
E 54,026,472 1.0093 53,528,656 16 461 .034060900
Random Totals: 218,711,012   227,238,490 67 1,741  
Catg D1 Exception Values: 5,292,014   3,646,586      
Total Test Values (4): 224,003,026   230,885,076      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,544,253

Confidence Interval Values (5)

State Lower Limit: 219,340,823 (State Test Value minus Margin of Error Percent)
Local Test Value: 224,003,026 (Within Confidence Interval)
State Upper Limit: 242,429,329 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 231,163,405 (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, D3, 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