taxes Property Tax Assistance

2023 Confidence Interval Detail

Wood County
250-906/Alba-Golden ISD

Category Summary

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

Stratum
Variance
A 55,346,945 0.9667 57,253,486 12 422 0.102249663
A 62,923,867 1.0937 57,533,023 12 249 0.071527105
A 61,350,820 0.9291 66,032,526 12 171 0.074304132
A 90,360,770 1.0514 85,943,285 12 157 0.030264526
E 316,661,262 1.0238 309,299,924 22 1,986 0.012195222
F1 6,399,659 0.8962 7,140,883 10 47 0.029309508
F1 10,365,193 0.9091 11,401,598 8 34 0.004678500
F1 6,500,200 0.8879 7,320,869 7 10 0.064705761
F1 23,667,540 1.0925 21,663,652 5 20 0.006738638
Random Totals: 633,576,256 623,589,246 100 3,096
CATG D1 EXCEPTION VALUES: 5,337,300 4,443,297
Total Test Values 638,913,556 628,032,543

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,401,627

Confidence Interval Values(5)

Local Test Value: 638,913,556 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 596,630,916 (State Test Value minus Margin of Error Percent)
State Upper Limit: 659,434,170 (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