taxes Property Tax Assistance

2016 Confidence Interval Detail

073/Falls
073-901/Chilton ISD

Category Summary

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

Stratum
Variance
A 5,189,320 0.5863 8,850,964 10 244 .320793911
A 4,853,170 0.7769 6,246,840 10 109 .028672188
A 5,169,650 0.8129 6,359,515 9 74 .011830707
A 5,383,000 0.8269 6,509,856 8 45 .126441468
E 20,331,465 0.7402 27,467,529 15 456 .639998766
L1 341,720 1.0129 337,368 7 16 .008035992
L1 485,640 0.9839 493,587 4 8 .000872389
L1 317,250 1.0000 317,250 2 3
Random Totals: 42,071,215   56,582,909 65 955  
Catg J Exception Values: 6,824,500   7,377,343      
Catg D1 Exception Values: 7,048,251   6,423,007      
Catg L1 Exception Values: 2,721,730   2,742,223      
Total Test Values (4): 58,665,696   73,125,482      

Margin of Error

Margin of Error Percent: 16.0046808
Margin of Error Value: 11,703,500

Confidence Interval Values (5)

Local Test Value: 58,665,696 (Outside Confidence Interval)
State Lower Limit: 61,421,982 (State Test Value minus Margin of Error Percent)
State Upper Limit: 84,828,982 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 60,647,495 (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