taxes Property Tax Assistance

2020 Confidence Interval Detail

Caldwell County
028-906/Prairie Lea ISD

Category Summary

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

Stratum
Variance
A 4,995,360 1.0960 4,557,810 14 72 0.030968986
A 4,479,110 1.0606 4,223,185 12 40 0.015823261
A 6,632,274 1.0820 6,129,643 11 41 0.016522752
A 6,801,110 1.0747 6,328,380 9 24 0.008670889
E 56,470,840 0.9626 58,664,908 20 437 0.175602603
F1 6,756,080 0.9533 7,087,045 9 42 0.007890621
G1 22,313,560 1.0226 21,820,419 14 40 0.002033835
Random Totals: 108,448,334 108,811,390 89 696
CATG D1 EXCEPTION VALUES: 1,480,790 1,169,924
CATG F1 EXCEPTION VALUES: 1,425,000 1,944,613
CATG J EXCEPTION VALUES: 2,099,250 5,698,412
Total Test Values 113,453,374 117,624,339

Margin of Error

Margin of Error Percent: 9.0938741
Margin of Error Value: 10,696,609

Confidence Interval Values(5)

Local Test Value: 113,453,374 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 106,927,730 (State Test Value minus Margin of Error Percent)
State Upper Limit: 128,320,948 (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