taxes Property Tax Assistance

2020 Confidence Interval Detail

Midland County
165-902/Greenwood ISD

Category Summary

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

Stratum
Variance
A 168,521,429 0.8715 193,369,396 38 839 0.054232789
A 166,510,560 0.9508 175,126,798 34 480 0.025640884
A 186,343,682 1.0005 186,250,557 58 397 0.018564078
A 194,504,082 1.0665 182,376,073 28 274 0.032326055
G1 319,523,357 1.0112 315,984,332 10 110 0.004264876
G1 322,428,374 1.0325 312,279,297 8 30 0.010007086
G1 328,430,832 1.0231 321,015,377 7 18 0.001979541
G1 298,379,969 0.9973 299,187,776 4 5 0.000469516
Random Totals: 1,984,642,285 1,985,589,606 187 2,153
CATG D1 EXCEPTION VALUES: 3,998,430 5,889,098
CATG J EXCEPTION VALUES: 54,526,410 59,318,935
Total Test Values 2,043,167,125 2,050,797,639

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 102,539,882

Confidence Interval Values(5)

Local Test Value: 2,043,167,125 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,948,257,757 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,153,337,521 (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