taxes Property Tax Assistance

2023 Confidence Interval Detail

Floyd County
077-901/Floydada ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 9,219,140 0.9961 9,255,235 12 338 0.052675538
A 17,655,770 0.9109 19,382,775 12 362 0.072503151
A 14,041,190 0.8150 17,228,454 12 169 0.121739599
A 21,231,490 0.7428 28,583,051 12 160 0.042417422
E 32,071,501 0.7709 41,602,673 17 500 0.405935465
Random Totals: 94,219,091 116,052,188 65 1,529
CATG D1 EXCEPTION VALUES: 38,284,660 49,752,607
CATG J EXCEPTION VALUES: 23,661,245 25,078,056
Total Test Values 156,164,996 190,882,851

Margin of Error

Margin of Error Percent: 7.2555288
Margin of Error Value: 13,849,560

Confidence Interval Values(5)

Local Test Value: 156,164,996 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 177,033,291 (State Test Value minus Margin of Error Percent)
State Upper Limit: 204,732,411 (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