taxes Property Tax Assistance

2023 Confidence Interval Detail

Wise County
249-906/Paradise ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 98,791,686 0.9859 100,204,570 11 481 0.015176271
A 102,104,001 0.9691 105,359,613 10 303 0.018554026
A 101,267,193 1.0020 101,065,063 12 226 0.007782708
A 259,556,237 1.0366 250,391,894 22 427 0.014623283
E 322,474,166 0.9583 336,506,486 20 1,080 0.048532210
G1 31,356,461 0.9948 31,520,367 9 77 0.000550187
G1 31,733,780 0.9968 31,835,654 8 28 0.000326202
G1 31,411,790 1.0078 31,168,674 7 17 0.000572554
G1 29,523,989 1.0036 29,418,084 5 10 0.000540050
Random Totals: 1,008,219,303 1,017,470,405 104 2,649
CATG D1 EXCEPTION VALUES: 2,068,005 879,934
Total Test Values 1,010,287,308 1,018,350,339

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 50,917,517

Confidence Interval Values(5)

Local Test Value: 1,010,287,308 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 967,432,822 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,069,267,856 (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