taxes Property Tax Assistance

2019 Confidence Interval Detail

Smith County
092-901/Gladewater ISD

Category Summary

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

Stratum
Variance
A 10,677,496 0.8589 12,431,594 10 204 0.024053313
A 13,398,770 0.9485 14,126,273 10 129 0.012057552
A 10,668,642 1.0984 9,712,893 11 69 0.008139731
A 18,353,193 1.0897 16,842,427 10 81 0.019818960
E 53,415,195 0.9531 56,043,642 24 495 0.038236911
L1 6,926,632 1.0000 6,926,632 7 9 0.000000000
Random Totals: 113,439,928 116,083,461 72 987
CATG D1 EXCEPTION VALUES: 4,045,318 3,516,360
CATG J EXCEPTION VALUES: 205,352 226,235
Total Test Values(2) 117,690,598 119,826,056

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,991,303

Confidence Interval Values(5)

Local Test Value: 117,690,598 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 113,834,753 (State Test Value minus Margin of Error Percent)
State Upper Limit: 125,817,359 (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