taxes Property Tax Assistance

2018 Confidence Interval Detail

165/Midland
165-902/Greenwood ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 124,793,270 0.8837 141,216,782 23 747 0.029916531
A 129,790,625 0.8950 145,017,458 41 454 0.024916604
A 140,014,737 1.0003 139,972,745 44 362 0.017913093
A 185,912,134 1.0093 184,199,083 48 322 0.010290765
E 74,234,800 0.9702 76,514,945 17 554 0.121842676
G1 121,729,915 1.0148 119,954,587 10 118 0.000758485
G1 120,728,810 1.0146 118,991,534 7 18 0.000427283
G1 140,726,708 1.0170 138,374,344 4 7 0.000688668
Random Totals: 1,037,930,999 1,064,241,478 194 2,582
CATG D1 EXCEPTION VALUES: 4,816,540 4,561,356
CATG G1 EXCEPTION VALUES: 89,561,770 88,945,062
CATG J EXCEPTION VALUES: 24,920,070 26,091,024
Total Test Values(3) 1,157,229,379 1,183,838,920

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 59,191,946

Confidence Interval Values(5)

Local Test Value: 1,157,229,379 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,124,646,974 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,243,030,866 (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