taxes Property Tax Assistance

2020 Confidence Interval Detail

Parmer County
185-901/Bovina ISD

Category Summary

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

Stratum
Variance
A 6,485,725 0.8846 7,331,817 10 209 0.017608420
A 7,050,130 1.0068 7,002,513 10 122 0.045228781
A 7,003,210 0.9119 7,679,800 9 74 0.074251754
A 7,507,127 0.9588 7,829,711 9 50 0.013607212
E 15,746,989 0.9942 15,838,854 16 299 0.100575222
L1 16,727,631 0.9968 16,781,331 6 16 0.002350005
Random Totals: 60,520,812 62,464,026 60 770
CATG D1 EXCEPTION VALUES: 19,350,110 17,167,774
CATG J EXCEPTION VALUES: 24,070,450 30,936,636
Total Test Values 103,941,372 110,568,436

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,528,422

Confidence Interval Values(5)

Local Test Value: 103,941,372 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 105,040,014 (State Test Value minus Margin of Error Percent)
State Upper Limit: 116,096,858 (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