taxes Property Tax Assistance

2021 Confidence Interval Detail

Terry County
223-902/Meadow ISD

Category Summary

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

Stratum
Variance
A 2,216,542 0.7463 2,970,042 10 59 0.273809143
A 1,848,700 1.0049 1,839,686 8 19 0.006213692
A 3,071,761 0.9553 3,215,494 8 25 0.013521228
A 2,228,040 1.0284 2,166,511 7 13 0.020580857
E 10,879,526 0.7161 15,192,747 23 173 0.082447630
G1 3,457,579 0.9655 3,581,128 8 25 0.002910487
Random Totals: 23,702,148 28,965,608 64 314
CATG D1 EXCEPTION VALUES: 15,681,799 14,373,824
CATG G1 EXCEPTION VALUES: 3,763,842 3,798,751
CATG J EXCEPTION VALUES: 8,381,712 8,858,047
Total Test Values 51,529,501 55,996,230

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,799,812

Confidence Interval Values(5)

Local Test Value: 51,529,501 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 53,196,418 (State Test Value minus Margin of Error Percent)
State Upper Limit: 58,796,042 (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