taxes Property Tax Assistance

2023 Confidence Interval Detail

Gregg County
092-904/Pine Tree ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 139,417,601 0.8799 158,447,097 22 1,183 0.032125388
A 213,151,740 0.9181 232,166,147 36 1,245 0.014759959
A 474,889,522 0.9831 483,053,120 50 2,167 0.010777598
A 627,560,726 1.0058 623,941,863 48 1,832 0.007138670
B 31,658,050 0.9381 33,746,989 12 239 0.017966655
B 70,477,250 1.0237 68,845,609 13 363 0.008699457
B 17,699,170 1.1961 14,797,400 11 25 0.042421393
B 50,759,340 1.0743 47,250,821 2 7 0.001115316
F1 75,484,413 0.7255 104,044,677 13 333 0.091242198
F1 72,680,239 0.9486 76,618,426 12 103 0.010856718
F1 86,089,854 0.9515 90,478,039 13 54 0.020749737
F1 91,770,855 0.9543 96,165,624 9 16 0.013088024
L1 55,635,950 0.9848 56,494,669 10 353 0.007017280
L1 58,174,930 0.9919 58,649,995 10 79 0.013159314
L1 76,442,560 1.0379 73,651,180 7 30 0.002197467
L1 53,204,510 1.0040 52,992,540 4 5 0.011005400
Random Totals: 2,195,096,710 2,271,344,196 272 8,034
CATG D1 EXCEPTION VALUES: 563,192 724,881
Total Test Values 2,195,659,902 2,272,069,077

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 113,603,454

Confidence Interval Values(5)

Local Test Value: 2,195,659,902 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,158,465,623 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,385,672,531 (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