taxes Property Tax Assistance

2023 Confidence Interval Detail

Randall County
188-904/Bushland ISD

Category Summary

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

Stratum
Variance
A 62,837,503 0.9377 67,012,374 9 174 0.020386631
A 62,887,122 0.9796 64,196,735 11 147 0.019725596
A 62,696,727 0.9976 62,847,561 9 127 0.006148530
A 62,312,642 0.9366 66,530,688 9 95 0.016205936
Random Totals: 250,733,994 260,587,358 38 543
CATG D1 EXCEPTION VALUES: 1,287,668 1,506,839
Total Test Values 252,021,662 262,094,197

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,104,710

Confidence Interval Values(5)

Local Test Value: 252,021,662 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 248,989,487 (State Test Value minus Margin of Error Percent)
State Upper Limit: 275,198,907 (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