taxes Property Tax Assistance

2022 Confidence Interval Detail

Sherman County
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 2,326,030 0.7681 3,028,291 9 50 0.097132478
A 2,667,770 0.9358 2,850,791 8 33 0.121900616
A 2,715,020 0.9088 2,987,478 7 22 0.025708666
A 3,789,930 1.0653 3,557,618 6 19 0.009721598
E 15,673,850 1.0646 14,722,760 20 120 0.095011233
G1 7,345,770 1.0230 7,180,616 9 81 0.000387171
G1 7,383,750 1.0126 7,291,872 8 30 0.000143774
G1 7,769,720 1.0335 7,517,871 6 11 0.000408145
Random Totals: 49,671,840 49,137,297 73 366
CATG D1 EXCEPTION VALUES: 28,934,702 28,399,717
CATG G1 EXCEPTION VALUES: 6,416,370 6,300,217
Total Test Values 85,022,912 83,837,231

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,191,862

Confidence Interval Values(5)

Local Test Value: 85,022,912 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 79,645,369 (State Test Value minus Margin of Error Percent)
State Upper Limit: 88,029,093 (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