taxes Property Tax Assistance

2021 Confidence Interval Detail

Castro County
035-903/Nazareth ISD

Category Summary

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

Stratum
Variance
A 5,822,940 0.7109 8,190,941 9 76 0.722414111
A 6,667,840 1.0063 6,626,096 8 46 0.076048998
A 6,174,850 1.1668 5,292,124 8 27 0.109137808
A 7,797,260 1.2386 6,295,220 7 23 0.009359531
E 9,578,100 0.9207 10,403,063 14 131 0.178783869
Random Totals: 36,040,990 36,807,444 46 303
CATG D1 EXCEPTION VALUES: 12,059,788 10,232,982
CATG J EXCEPTION VALUES: 1,354,060 1,562,755
Total Test Values 49,454,838 48,603,181

Margin of Error

Margin of Error Percent: 10.6766698
Margin of Error Value: 5,189,201

Confidence Interval Values(5)

Local Test Value: 49,454,838 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 43,413,980 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,792,382 (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