taxes Property Tax Assistance

2021 Confidence Interval Detail

Wise County
184-902/Springtown ISD

Category Summary

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

Stratum
Variance
A 26,145,735 0.8855 29,526,522 9 168 0.027532284
A 36,479,831 0.9092 40,122,999 10 152 0.010182684
A 40,323,473 1.0132 39,798,138 32 126 0.004089215
A 50,563,435 0.9727 51,982,559 13 120 0.007452405
E 115,751,061 0.9880 117,156,944 20 555 0.037156092
Random Totals: 269,263,535 278,587,162 84 1,121
CATG D1 EXCEPTION VALUES: 764,810 431,598
CATG J EXCEPTION VALUES: 2,796,922 2,819,311
Total Test Values 272,825,267 281,838,071

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,091,904

Confidence Interval Values(5)

Local Test Value: 272,825,267 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 267,746,167 (State Test Value minus Margin of Error Percent)
State Upper Limit: 295,929,975 (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