taxes Property Tax Assistance

2019 Confidence Interval Detail

Wichita County
243-901/Burkburnett ISD

Category Summary

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

Stratum
Variance
A 125,164,570 1.0037 124,703,168 39 1728 0.025437634
A 125,936,563 0.9883 127,427,464 56 1095 0.011378224
A 149,108,058 0.9928 150,189,422 55 996 0.010334436
A 174,647,552 1.0084 173,192,733 39 753 0.007864393
F1 11,575,525 0.9113 12,702,211 9 121 0.028200040
F1 11,850,599 0.9965 11,892,222 8 38 0.002118727
F1 11,723,030 0.9154 12,806,456 6 14 0.012628599
F1 12,862,108 0.9681 13,285,929 2 5 0.000065510
Random Totals: 622,868,005 626,199,605 214 4,750
CATG D1 EXCEPTION VALUES: 10,760,888 11,834,059
CATG J EXCEPTION VALUES: 6,839,740 7,125,800
Total Test Values(2) 640,468,633 645,159,464

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,257,973

Confidence Interval Values(5)

Local Test Value: 640,468,633 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 612,901,491 (State Test Value minus Margin of Error Percent)
State Upper Limit: 677,417,437 (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