taxes Property Tax Assistance

2021 Confidence Interval Detail

Nolan County
177-905/Highland ISD

Category Summary

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

Stratum
Variance
E 23,526,580 1.1007 21,374,198 18 233 0.108067975
G1 7,908,000 0.9762 8,100,799 7 19 0.000370413
Random Totals: 31,434,580 29,474,997 25 252
CATG D1 EXCEPTION VALUES: 10,624,195 10,022,552
CATG G1 EXCEPTION VALUES: 5,514,220 5,559,380
CATG J EXCEPTION VALUES: 3,290,550 3,416,303
Total Test Values 50,863,545 48,473,232

Margin of Error

Margin of Error Percent: 6.7799376
Margin of Error Value: 3,286,455

Confidence Interval Values(5)

Local Test Value: 50,863,545 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 45,186,777 (State Test Value minus Margin of Error Percent)
State Upper Limit: 51,759,687 (State Test Value plus Margin of Error Percent)

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