taxes Property Tax Assistance

2019 Confidence Interval Detail

Wise County
184-902/Springtown ISD

Category Summary

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

Stratum
Variance
A 18,394,702 1.0709 17,176,862 15 153 0.015480915
A 23,966,628 1.0620 22,567,446 17 124 0.009753470
A 25,904,405 0.9891 26,189,875 15 101 0.004972641
A 36,210,497 1.0820 33,466,263 15 101 0.003614161
E 95,397,387 1.0312 92,511,042 21 547 0.017455171
Random Totals: 199,873,619 191,911,488 83 1,026
CATG D1 EXCEPTION VALUES: 763,559 636,251
CATG J EXCEPTION VALUES: 2,622,867 2,938,566
Total Test Values(2) 203,260,045 195,486,305

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,774,315

Confidence Interval Values(5)

Local Test Value: 203,260,045 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 185,711,990 (State Test Value minus Margin of Error Percent)
State Upper Limit: 205,260,620 (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