taxes Property Tax Assistance

2021 Confidence Interval Detail

Floyd County
077-901/Floydada ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 11,302,630 0.9208 12,274,794 15 523 0.088324731
A 11,705,690 0.9511 12,307,528 15 252 0.051386628
A 11,354,880 0.9635 11,785,034 15 147 0.019557639
A 12,882,420 0.9839 13,093,221 17 104 0.019842583
E 20,168,721 0.7286 27,681,473 21 511 0.114152252
Random Totals: 67,414,341 77,142,050 83 1,537
CATG D1 EXCEPTION VALUES: 42,899,690 43,511,515
CATG J EXCEPTION VALUES: 20,212,535 23,042,825
Total Test Values 130,526,566 143,696,390

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,184,820

Confidence Interval Values(5)

Local Test Value: 130,526,566 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 136,511,570 (State Test Value minus Margin of Error Percent)
State Upper Limit: 150,881,210 (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