taxes Property Tax Assistance

2020 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 32,415,380 0.9931 32,640,600 16 404 0.026779690
A 33,878,601 0.9265 36,566,218 15 218 0.025482834
A 39,745,680 0.8151 48,761,722 15 183 0.063538250
A 54,096,270 0.9362 57,782,814 18 147 0.043458981
E 176,065,842 0.9870 178,384,845 23 1,879 0.006878599
Random Totals: 336,201,773 354,136,199 87 2,831
CATG D1 EXCEPTION VALUES: 4,924,727 4,798,132
Total Test Values 341,126,500 358,934,331

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,946,717

Confidence Interval Values(5)

Local Test Value: 341,126,500 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 340,987,614 (State Test Value minus Margin of Error Percent)
State Upper Limit: 376,881,048 (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