taxes Property Tax Assistance

2023 Confidence Interval Detail

Tom Green County
226-908/Veribest ISD

Category Summary

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

Stratum
Variance
A 10,331,170 0.9972 10,360,178 9 67 0.039591841
A 12,942,820 0.9991 12,954,479 10 58 0.009458221
A 14,990,920 1.0656 14,068,056 9 53 0.035123183
A 25,317,890 0.9991 25,340,697 8 63 0.004965331
E 62,648,704 0.9609 65,197,944 21 263 0.072198745
L1 25,780,180 1.0120 25,474,486 8 24 0.001227323
Random Totals: 152,011,684 153,395,840 65 528
CATG D1 EXCEPTION VALUES: 15,932,390 14,984,067
CATG J EXCEPTION VALUES: 25,910,990 26,064,012
Total Test Values 193,855,064 194,443,919

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,722,196

Confidence Interval Values(5)

Local Test Value: 193,855,064 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 184,721,723 (State Test Value minus Margin of Error Percent)
State Upper Limit: 204,166,115 (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