taxes Property Tax Assistance

2021 Confidence Interval Detail

Wise County
249-902/Boyd ISD

Category Summary

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

Stratum
Variance
A 68,172,365 0.9884 68,972,445 10 539 0.059153483
A 62,668,093 0.9017 69,499,937 15 317 0.012625916
A 94,294,736 0.9999 94,304,166 20 349 0.007585319
A 103,598,622 1.0375 99,854,093 12 238 0.005210472
E 214,174,216 1.0654 201,027,047 24 1,008 0.075851194
F1 15,243,469 0.5416 28,145,253 9 77 0.551211063
F1 18,125,671 0.8294 21,853,956 8 44 0.117982352
F1 19,230,401 0.8804 21,842,800 7 25 0.070971304
F1 16,683,854 0.9722 17,160,928 5 11 0.001161580
G1 34,255,763 1.1310 30,288,031 10 186 0.085198766
G1 33,898,601 1.2078 28,066,403 9 53 0.018485355
G1 35,024,476 1.2025 29,126,383 8 31 0.018138382
G1 32,914,693 1.0473 31,428,142 7 18 0.026320436
L1 9,211,347 1.0089 9,130,089 10 103 0.000200751
L1 12,194,120 1.0172 11,987,928 7 23 0.000846353
L1 18,326,450 1.0344 17,717,172 6 10 0.000274159
Random Totals: 788,016,877 780,404,773 167 3,032
CATG D1 EXCEPTION VALUES: 2,120,410 1,344,123
CATG J EXCEPTION VALUES: 15,443,422 17,475,250
Total Test Values 805,580,709 799,224,146

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,961,207

Confidence Interval Values(5)

Local Test Value: 805,580,709 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 759,262,939 (State Test Value minus Margin of Error Percent)
State Upper Limit: 839,185,353 (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