taxes Property Tax Assistance

2019 Confidence Interval Detail

Castro County
035-903/Nazareth ISD

Category Summary

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

Stratum
Variance
A 5,477,940 0.9598 5,707,377 13 73 0.017195841
A 5,560,930 1.0180 5,462,603 10 40 0.005351917
A 5,704,760 0.9367 6,090,274 9 26 0.010510735
A 6,137,840 1.0029 6,120,092 10 19 0.002484945
E 7,283,620 0.9656 7,543,103 20 116 0.017028332
Random Totals: 30,165,090 30,923,449 62 274
CATG D1 EXCEPTION VALUES: 9,316,265 8,019,053
CATG J EXCEPTION VALUES: 1,203,140 1,222,491
Total Test Values(2) 40,684,495 40,164,993

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,008,250

Confidence Interval Values(5)

Local Test Value: 40,684,495 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 38,156,743 (State Test Value minus Margin of Error Percent)
State Upper Limit: 42,173,243 (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