taxes Property Tax Assistance

2019 Confidence Interval Detail

Wichita County
243-903/Iowa Park CISD

Category Summary

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

Stratum
Variance
A 80,856,172 1.0169 79,512,412 31 1206 0.013312279
A 93,343,829 0.9647 96,759,437 39 916 0.026840872
A 89,339,639 0.9509 93,952,717 25 578 0.022643444
A 113,082,938 1.0094 112,029,857 24 459 0.009470764
E 51,336,749 0.9494 54,072,834 10 473 0.006931234
G1 8,972,169 0.9887 9,074,713 9 53 0.001179418
G1 9,141,850 0.9999 9,142,764 7 20 0.000127560
G1 10,089,521 0.9831 10,262,965 5 8 0.000645382
Random Totals: 456,162,867 464,807,699 150 3,713
CATG D1 EXCEPTION VALUES: 10,201,358 11,375,736
CATG G1 EXCEPTION VALUES: 18,609,704 18,653,062
CATG J EXCEPTION VALUES: 1,372,440 1,425,691
Total Test Values(3) 486,346,369 496,262,188

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,813,109

Confidence Interval Values(5)

Local Test Value: 486,346,369 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 471,449,079 (State Test Value minus Margin of Error Percent)
State Upper Limit: 521,075,297 (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