taxes Property Tax Assistance

2019 Confidence Interval Detail

Wise County
249-904/Chico ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 38,525,109 0.8680 44,383,766 15 417 0.186770457
A 37,683,326 0.9839 38,299,955 14 205 0.014503567
A 40,374,391 1.0672 37,832,076 16 124 0.033205004
A 44,471,548 1.0151 43,810,017 15 72 0.023759749
E 122,280,024 0.9993 122,365,680 19 1030 0.045356808
F1 7,398,980 0.8789 8,418,455 8 58 0.152922786
F1 7,611,340 0.9146 8,322,042 7 22 0.015810199
F1 7,824,770 0.9738 8,035,295 5 10 0.001632302
F1 6,143,240 0.9643 6,370,407 2 4 0.002430748
G1 13,838,002 0.9734 14,216,152 10 117 0.001984884
G1 13,373,741 0.9959 13,428,799 8 24 0.000293760
G1 15,280,935 1.0248 14,911,139 5 10 0.000345393
G1 11,740,601 1.0561 11,116,941 3 4 0.005678316
L1 5,976,590 1.0168 5,877,842 9 72 0.003350436
L1 4,116,000 1.0362 3,972,206 5 9 0.000230586
L1 22,293,620 1.0011 22,269,124 2 11 0.000000770
Random Totals: 398,932,217 403,629,896 143 2,189
CATG D1 EXCEPTION VALUES: 3,389,191 3,296,750
CATG J EXCEPTION VALUES: 8,373,115 9,065,415
CATG L1 EXCEPTION VALUES: 2,295,440 2,292,098
Total Test Values(3) 412,989,963 418,284,159

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,914,208

Confidence Interval Values(5)

Local Test Value: 412,989,963 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 397,369,951 (State Test Value minus Margin of Error Percent)
State Upper Limit: 439,198,367 (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