taxes Property Tax Assistance

2019 Confidence Interval Detail

Wood County
250-906/Alba-Golden ISD

Category Summary

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

Stratum
Variance
A 29,492,310 0.8783 33,578,857 15 388 0.059188184
A 31,842,952 0.9570 33,273,722 16 222 0.023630567
A 36,388,370 0.8473 42,946,265 19 177 0.041472973
A 39,971,610 0.9415 42,455,242 19 118 0.009142156
E 157,039,656 0.9107 172,438,406 28 1905 0.109165781
Random Totals: 294,734,898 324,692,492 97 2,810
CATG D1 EXCEPTION VALUES: 4,740,367 4,619,966
Total Test Values(1) 299,475,265 329,312,458

Margin of Error

Margin of Error Percent: 6.7219289
Margin of Error Value: 22,136,149

Confidence Interval Values(5)

Local Test Value: 299,475,265 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 307,176,309 (State Test Value minus Margin of Error Percent)
State Upper Limit: 351,448,607 (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