taxes Property Tax Assistance

2018 Confidence Interval Detail

070/Ellis
070-905/Ferris ISD

Category Summary

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

Stratum
Variance
A 52,905,333 0.6407 82,574,267 13 948 .093160132
A 50,253,313 0.8016 62,691,259 9 488 .050016126
A 56,151,657 0.9441 59,476,387 19 338 .022474131
A 126,544,255 0.9893 127,912,923 31 503 .013799998
E 71,997,830 0.9892 72,783,896 10 600 .014531655
F1 4,999,370 0.7093 7,048,315 9 45 .076755448
F1 3,896,280 0.7222 5,395,015 8 16 .061197948
F1 7,203,420 0.7682 9,377,011 5 14 .039047917
Random Totals: 373,951,458   427,259,073 104 2,952  
Catg D1 Exception Values: 8,347,440   6,345,332      
Catg F1 Exception Values: 1,582,330   1,992,932      
Total Test Values (4): 383,881,228   435,597,337      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,779,866

Confidence Interval Values (5)

Local Test Value: 383,881,228 (Outside Confidence Interval)
State Lower Limit: 413,817,471 (State Test Value minus Margin of Error Percent)
State Upper Limit: 457,377,203 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 383,729,422 (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