taxes Property Tax Assistance

2023 Confidence Interval Detail

Parmer County
185-903/Friona ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 22,909,059 1.0657 21,496,724 12 416 0.107560479
A 19,978,091 1.0021 19,936,225 12 200 0.042772753
A 26,123,277 0.9692 26,953,443 12 186 0.041959282
A 47,095,076 0.9760 48,253,152 12 203 0.015825315
E 49,111,141 0.9959 49,313,326 21 590 0.054765112
F1 4,083,928 0.9503 4,297,514 10 56 0.003681581
F1 3,972,975 0.9831 4,041,273 9 23 0.000995058
F1 4,200,936 0.9644 4,356,010 6 11 0.000528943
F1 4,501,169 0.9809 4,588,815 3 5 0.000783277
L1 4,005,253 1.0065 3,979,387 9 55 0.000908307
L1 3,891,184 1.0207 3,812,270 6 14 0.001081169
L1 7,046,079 0.9916 7,105,767 5 9 0.001338844
L1 3,175,235 1.0061 3,155,878 2 3 0.000100607
Random Totals: 200,093,403 201,289,784 119 1,771
CATG D1 EXCEPTION VALUES: 42,173,421 42,563,811
CATG J EXCEPTION VALUES: 4,590,140 4,687,757
Total Test Values 246,856,964 248,541,352

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,427,068

Confidence Interval Values(5)

Local Test Value: 246,856,964 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 236,114,284 (State Test Value minus Margin of Error Percent)
State Upper Limit: 260,968,420 (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