taxes Property Tax Assistance

2021 Confidence Interval Detail

Randall County
219-901/Happy ISD

Category Summary

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

Stratum
Variance
A 8,101,281 0.9595 8,443,232 16 48 0.048833718
E 6,216,502 1.0119 6,143,396 20 59 0.042780932
F1 2,498,764 1.0186 2,453,133 3 4 0.000017934
L1 396,417 1.0252 386,654 6 12 0.004124952
Random Totals: 17,212,964 17,426,415 45 123
CATG D1 EXCEPTION VALUES: 4,475,830 5,150,324
CATG J EXCEPTION VALUES: 1,332,810 1,410,023
CATG L1 EXCEPTION VALUES: 1,056,090 1,056,090
Total Test Values 24,077,694 25,042,852

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,252,143

Confidence Interval Values(5)

Local Test Value: 24,077,694 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 23,790,709 (State Test Value minus Margin of Error Percent)
State Upper Limit: 26,294,995 (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