taxes Property Tax Assistance

2023 Confidence Interval Detail

Wise County
249-904/Chico ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 59,010,087 1.1527 51,192,927 13 392 0.051904163
A 93,565,074 0.9869 94,807,046 16 328 0.008448068
A 92,362,340 0.8398 109,981,353 12 176 0.025320631
A 149,636,385 1.1002 136,008,348 12 129 0.081760758
E 233,373,683 1.0634 219,459,924 21 1,025 0.025899044
F1 13,329,293 0.9861 13,517,182 9 70 0.008191075
F1 12,486,588 0.9602 13,004,153 8 25 0.026538865
F1 15,228,112 1.0093 15,087,796 6 14 0.000749935
F1 13,013,559 0.9847 13,216,322 3 5 0.000168516
G1 12,816,625 1.0068 12,730,061 10 95 0.000250502
G1 13,220,615 0.9986 13,239,150 8 24 0.000167209
G1 13,530,396 0.9994 13,538,519 5 10 0.000262973
G1 11,272,552 0.9950 11,329,198 3 4 0.000041596
L1 5,187,953 1.1671 4,445,166 9 39 0.036006979
L1 5,769,455 1.0413 5,540,627 5 8 0.002913515
L1 9,195,950 1.0889 8,444,861 4 8 0.008242658
Random Totals: 752,998,667 735,542,633 144 2,352
CATG D1 EXCEPTION VALUES: 3,195,050 1,361,507
CATG J EXCEPTION VALUES: 11,144,207 11,701,018
CATG L1 EXCEPTION VALUES: 3,791,524 3,791,524
Total Test Values 771,129,448 752,396,682

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 37,619,834

Confidence Interval Values(5)

Local Test Value: 771,129,448 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 714,776,848 (State Test Value minus Margin of Error Percent)
State Upper Limit: 790,016,516 (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