taxes Property Tax Assistance

2023 Confidence Interval Detail

Wise County
249-902/Boyd ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 86,582,866 0.9568 90,492,126 12 516 0.052566582
A 102,695,097 1.0897 94,241,623 12 394 0.024655679
A 151,211,669 1.0699 141,332,525 15 405 0.015431958
A 200,474,628 0.9903 202,438,279 16 337 0.008278763
E 325,456,630 1.0257 317,301,969 26 1,151 0.140206323
F1 20,090,840 1.0430 19,262,550 12 70 0.022281506
F1 26,215,569 1.0564 24,815,949 8 44 0.008684836
F1 23,073,205 1.0396 22,194,310 7 23 0.009086338
F1 51,923,834 1.0753 48,287,765 6 26 0.004939291
G1 102,345,926 1.0052 101,816,480 10 225 0.000242240
G1 101,482,558 0.9982 101,665,556 9 70 0.000231338
G1 102,993,301 1.0015 102,839,042 8 40 0.000337902
G1 100,246,951 1.0021 100,036,874 8 25 0.000237737
Random Totals: 1,394,793,074 1,366,725,048 149 3,326
CATG D1 EXCEPTION VALUES: 1,983,670 840,430
Total Test Values 1,396,776,744 1,367,565,478

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 68,378,274

Confidence Interval Values(5)

Local Test Value: 1,396,776,744 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,299,187,204 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,435,943,752 (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