taxes Property Tax Assistance

2023 Confidence Interval Detail

Wood County
250-907/Winnsboro ISD

Category Summary

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

Stratum
Variance
A 35,154,399 1.0580 33,227,220 10 355 0.075211405
A 38,007,250 1.0530 36,094,255 15 227 0.025843827
A 54,109,095 1.0530 51,385,655 13 236 0.027347922
A 68,630,221 1.0798 63,558,271 10 196 0.017205255
E 364,163,365 1.0251 355,246,673 25 2,542 0.075591611
F1 13,097,500 0.9983 13,119,804 10 113 0.076983028
F1 16,328,330 0.9422 17,330,004 10 58 0.026530036
F1 15,600,010 0.9684 16,109,056 9 28 0.010789398
F1 15,288,800 1.0362 14,754,681 5 12 0.007660686
Random Totals: 620,378,970 600,825,619 107 3,767
CATG D1 EXCEPTION VALUES: 12,322,416 10,328,520
CATG J EXCEPTION VALUES: 1,374,340 1,683,036
Total Test Values 634,075,726 612,837,175

Margin of Error

Margin of Error Percent: 6.4949844
Margin of Error Value: 39,803,679

Confidence Interval Values(5)

Local Test Value: 634,075,726 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 573,033,496 (State Test Value minus Margin of Error Percent)
State Upper Limit: 652,640,854 (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