taxes Property Tax Assistance

2021 Confidence Interval Detail

Sherman County
211-902/Stratford ISD

Category Summary

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

Stratum
Variance
A 12,689,800 0.8884 14,283,881 15 258 0.084084733
A 12,969,150 0.9779 13,262,246 15 157 0.041838095
A 15,063,200 1.0053 14,983,786 15 128 0.050752433
A 17,850,680 1.0522 16,965,102 17 80 0.046590450
E 21,542,070 1.0574 20,372,678 11 299 0.029107041
G1 11,987,260 0.9884 12,127,944 10 156 0.000499980
G1 11,877,850 0.9998 11,880,226 9 74 0.000381430
G1 11,879,980 1.0042 11,830,293 9 46 0.000223148
G1 11,854,180 0.9857 12,026,154 7 22 0.000031502
L1 3,863,020 1.0140 3,809,684 10 91 0.006534378
L1 4,529,800 0.9789 4,627,439 8 30 0.003823900
L1 4,308,440 0.9757 4,415,743 6 13 0.001283411
Random Totals: 140,415,430 140,585,176 132 1,354
CATG D1 EXCEPTION VALUES: 73,048,572 94,845,797
CATG J EXCEPTION VALUES: 22,355,780 24,049,061
CATG L1 EXCEPTION VALUES: 3,214,210 3,223,642
Total Test Values 239,033,992 262,703,676

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,135,184

Confidence Interval Values(5)

Local Test Value: 239,033,992 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 249,568,492 (State Test Value minus Margin of Error Percent)
State Upper Limit: 275,838,860 (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