taxes Property Tax Assistance

2021 Confidence Interval Detail

Wichita County
243-901/Burkburnett ISD

Category Summary

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

Stratum
Variance
A 142,885,960 0.9592 148,963,678 56 1,780 0.022008386
A 147,593,458 0.9537 154,758,790 31 1,112 0.008462790
A 184,187,136 0.9923 185,616,382 58 1,064 0.007274808
A 209,881,363 0.9985 210,196,658 49 784 0.015840548
F1 11,867,834 0.9733 12,193,398 11 121 0.116191615
F1 12,030,111 1.0348 11,625,542 9 37 0.018933583
F1 12,762,500 1.0086 12,653,678 6 15 0.013998909
F1 10,865,428 1.0462 10,385,211 4 5 0.004799990
Random Totals: 732,073,790 746,393,337 224 4,918
CATG D1 EXCEPTION VALUES: 11,097,700 10,238,881
CATG J EXCEPTION VALUES: 7,461,610 7,922,451
Total Test Values 750,633,100 764,554,669

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 38,227,733

Confidence Interval Values(5)

Local Test Value: 750,633,100 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 726,326,936 (State Test Value minus Margin of Error Percent)
State Upper Limit: 802,782,402 (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