taxes Property Tax Assistance

2021 Confidence Interval Detail

Wichita County
243-902/Electra ISD

Category Summary

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

Stratum
Variance
A 13,725,694 0.8708 15,762,166 14 538 0.034472992
A 14,941,146 0.8373 17,844,436 14 288 0.106316235
A 15,074,336 0.9003 16,743,681 13 172 0.027582481
A 16,764,193 0.9740 17,211,697 12 97 0.023390781
E 11,441,232 1.0913 10,484,039 7 93 0.094295520
G1 8,216,840 0.9777 8,404,255 10 104 0.000321858
G1 8,337,200 0.9848 8,465,881 8 26 0.000517520
G1 10,070,640 0.9699 10,383,174 5 9 0.000682159
Random Totals: 98,571,281 105,299,329 83 1,327
CATG D1 EXCEPTION VALUES: 13,798,956 12,587,928
CATG G1 EXCEPTION VALUES: 6,141,579 6,266,658
CATG J EXCEPTION VALUES: 3,001,220 3,156,341
Total Test Values 121,513,036 127,310,256

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,365,513

Confidence Interval Values(5)

Local Test Value: 121,513,036 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 120,944,743 (State Test Value minus Margin of Error Percent)
State Upper Limit: 133,675,769 (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