taxes Property Tax Assistance

2020 Confidence Interval Detail

Parmer County
185-903/Friona ISD

Category Summary

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

Stratum
Variance
A 21,282,519 0.9910 21,475,801 11 480 0.028563742
A 19,118,058 1.0751 17,782,586 12 209 0.056023056
A 24,490,242 0.9934 24,652,951 11 185 0.062821818
A 19,658,074 1.0561 18,613,838 11 89 0.024086165
E 36,193,529 0.9341 38,746,953 11 583 0.045348411
L1 4,937,138 0.9795 5,040,468 9 59 0.001889454
L1 3,587,762 1.0486 3,421,478 6 10 0.005753119
L1 4,273,494 0.9924 4,306,221 4 5 0.001302300
L1 5,338,487 1.0433 5,116,924 1 2 0.000000000
Random Totals: 138,879,303 139,157,220 76 1,622
CATG D1 EXCEPTION VALUES: 32,808,642 28,707,967
CATG J EXCEPTION VALUES: 31,213,020 32,896,996
Total Test Values 202,900,965 200,762,183

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,038,109

Confidence Interval Values(5)

Local Test Value: 202,900,965 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 190,724,074 (State Test Value minus Margin of Error Percent)
State Upper Limit: 210,800,292 (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