taxes Property Tax Assistance

2019 Confidence Interval Detail

Wichita County
243-905/Wichita Falls ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 666,614,154 0.9624 692,658,099 70 9972 0.027377560
A 707,063,820 0.9636 733,773,163 72 5858 0.022116079
A 747,638,129 0.9997 747,862,488 71 4068 0.008725002
A 781,255,228 1.0219 764,512,406 73 2312 0.008169682
F1 234,832,156 0.8797 266,945,727 21 952 0.129722955
F1 240,449,576 0.9874 243,517,902 15 237 0.007089390
F1 244,461,872 0.8789 278,145,263 15 89 0.024946642
F1 235,626,272 0.9467 248,892,228 11 24 0.007176819
L1 114,529,618 1.0508 108,992,785 11 1010 0.018660532
L1 119,303,404 0.9824 121,440,761 11 237 0.002010882
L1 125,821,318 1.0276 122,441,921 9 88 0.011884476
L1 124,956,080 1.0172 122,843,177 7 27 0.001017231
Random Totals: 4,342,551,627 4,452,025,920 386 24,874
CATG D1 EXCEPTION VALUES: 1,915,771 2,137,501
Total Test Values(1) 4,344,467,398 4,454,163,421

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 222,708,171

Confidence Interval Values(5)

Local Test Value: 4,344,467,398 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,231,455,250 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,676,871,592 (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