taxes Property Tax Assistance

2020 Confidence Interval Detail

Midland County
165-901/Midland ISD

Category Summary

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

Stratum
Variance
A 2,692,043,832 0.8725 3,085,437,057 98 15,312 0.032403836
A 2,840,577,679 0.9400 3,021,891,148 100 10,350 0.025097962
A 2,809,810,325 1.0207 2,752,826,810 100 7,253 0.038626180
A 2,750,352,252 1.0526 2,612,913,027 100 3,787 0.065957769
B 354,216,104 0.6968 508,346,877 15 88 0.208513668
B 177,869,955 0.9679 183,768,938 5 10 0.050239063
B 523,901,153 0.8533 613,970,647 8 18 0.033335242
B 300,509,243 0.9948 302,088,293 6 8 0.004731796
C1 79,071,855 0.5894 134,156,524 10 3,837 0.075321336
C1 68,654,733 0.7682 89,370,910 13 1,273 0.093987258
C1 65,155,470 1.0144 64,230,550 12 575 0.096729616
C1 63,886,630 0.9167 69,691,971 10 138 0.006065688
E 378,058,433 0.8546 442,380,568 10 2,242 0.048314726
F1 816,083,742 0.9515 857,681,284 16 1,755 0.072847154
F1 754,290,316 0.9358 806,037,953 12 392 0.020695261
F1 767,647,825 1.0177 754,296,772 10 137 0.027565644
F1 896,767,049 0.9240 970,527,109 8 41 0.012444789
G1 2,958,836,688 0.9982 2,964,172,198 10 424 0.001746361
G1 2,945,017,038 1.0009 2,942,368,906 10 138 0.000328248
G1 3,017,461,493 0.9984 3,022,297,168 9 47 0.000445521
G1 2,877,451,820 1.0242 2,809,462,820 6 15 0.004306395
L1 440,421,990 1.0410 423,075,879 10 2,230 0.013272755
L1 448,011,440 1.0138 441,913,040 10 334 0.010891927
L1 422,612,015 0.9518 444,013,464 10 97 0.006546853
L1 523,963,300 0.9851 531,888,438 8 31 0.021294846
Random Totals: 29,972,672,380 30,848,808,351 606 50,532
CATG D1 EXCEPTION VALUES: 9,640,020 13,694,868
CATG J EXCEPTION VALUES: 404,592,850 459,098,610
Total Test Values 30,386,905,250 31,321,601,829

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,566,080,091

Confidence Interval Values(5)

Local Test Value: 30,386,905,250 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 29,755,521,738 (State Test Value minus Margin of Error Percent)
State Upper Limit: 32,887,681,920 (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