taxes Property Tax Assistance

2019 Confidence Interval Detail

Wise County
249-902/Boyd ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 50,119,126 1.0369 48,335,544 11 491 0.087423778
A 59,560,635 1.0133 58,778,876 27 358 0.018671977
A 70,081,325 1.0168 68,923,412 33 297 0.007772008
A 74,031,224 1.0142 72,994,699 8 190 0.006743676
E 166,109,392 1.0335 160,725,101 23 1021 0.028952216
F1 10,717,928 1.0282 10,423,972 9 75 0.009099968
F1 12,431,603 0.9876 12,587,690 8 40 0.002987252
F1 12,237,471 0.9693 12,625,060 7 22 0.002332546
F1 19,099,809 0.9898 19,296,635 5 17 0.000506125
G1 55,394,143 1.0046 55,140,497 10 215 0.004124545
G1 55,610,202 1.0190 54,573,309 9 62 0.000740792
G1 55,535,296 1.0558 52,600,205 8 35 0.017651557
G1 53,144,101 1.0170 52,255,753 7 21 0.001639157
Random Totals: 694,072,255 679,260,753 165 2,844
CATG D1 EXCEPTION VALUES: 2,152,072 2,074,335
CATG J EXCEPTION VALUES: 24,829,156 14,367,223
Total Test Values(2) 721,053,483 695,702,311

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,785,116

Confidence Interval Values(5)

Local Test Value: 721,053,483 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 660,917,195 (State Test Value minus Margin of Error Percent)
State Upper Limit: 730,487,427 (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