taxes Property Tax Assistance

2020 Confidence Interval Detail

Wood County
250-905/Yantis ISD

Category Summary

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

Stratum
Variance
A 52,621,360 0.9636 54,609,132 17 380 0.021934490
A 57,219,650 0.9354 61,171,317 14 203 0.034226003
A 65,358,050 1.0241 63,819,988 17 165 0.013267302
A 82,652,990 1.0872 76,023,721 15 129 0.032390942
E 113,036,719 0.9171 123,254,519 20 1,180 0.059884166
Random Totals: 370,888,769 378,878,677 83 2,057
CATG D1 EXCEPTION VALUES: 3,548,091 3,382,831
Total Test Values 374,436,860 382,261,508

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,113,075

Confidence Interval Values(5)

Local Test Value: 374,436,860 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 363,148,433 (State Test Value minus Margin of Error Percent)
State Upper Limit: 401,374,583 (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