taxes Property Tax Assistance

2019 Confidence Interval Detail

Cherokee County
037-909/Wells ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,357,230 0.7290 4,605,254 12 138 0.228192764
A 3,424,930 0.8064 4,247,185 11 72 0.078493383
A 3,728,160 0.8419 4,428,269 10 49 0.048728834
A 4,329,580 0.9089 4,763,538 9 33 0.028693227
E 28,466,590 0.9113 31,237,342 19 507 0.187743157
G1 1,723,933 1.0145 1,699,293 8 33 0.004309596
G1 1,747,130 1.0507 1,662,825 6 15 0.007618114
G1 1,880,991 1.0555 1,782,085 5 8 0.029416119
Random Totals: 48,658,544 54,425,791 80 855
CATG D1 EXCEPTION VALUES: 8,901,540 8,528,036
CATG G1 EXCEPTION VALUES: 5,626,882 5,601,098
CATG J EXCEPTION VALUES: 257,927 218,795
Total Test Values(3) 63,444,893 68,773,720

Margin of Error

Margin of Error Percent: 9.1027596
Margin of Error Value: 6,260,306

Confidence Interval Values(5)

Local Test Value: 63,444,893 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 62,513,414 (State Test Value minus Margin of Error Percent)
State Upper Limit: 75,034,026 (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