taxes Property Tax Assistance

2019 Confidence Interval Detail

Wood County
230-905/Harmony ISD

Category Summary

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

Stratum
Variance
A 54,103,500 0.9477 57,089,269 23 533 0.013440674
A 58,895,304 0.9591 61,406,844 18 384 0.024354446
A 69,862,600 0.9710 71,949,125 22 344 0.014289854
A 79,244,230 0.9693 81,754,080 15 267 0.016616171
E 36,010,008 0.9234 38,997,193 13 497 0.048985585
Random Totals: 298,115,642 311,196,511 91 2,025
CATG D1 EXCEPTION VALUES: 2,298,927 2,917,170
Total Test Values(1) 300,414,569 314,113,681

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,705,684

Confidence Interval Values(5)

Local Test Value: 300,414,569 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 298,407,997 (State Test Value minus Margin of Error Percent)
State Upper Limit: 329,819,365 (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