taxes Property Tax Assistance

2021 Confidence Interval Detail

Wise County
249-904/Chico ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 46,144,621 0.8953 51,540,959 21 443 0.087142659
A 54,217,877 0.9502 57,059,437 15 264 0.020957341
A 55,217,128 1.0593 52,126,053 15 147 0.036274255
A 62,634,265 1.0985 57,017,993 13 85 0.036580932
E 149,539,537 1.0612 140,915,508 23 1,012 0.021322523
F1 8,774,586 0.7661 11,453,578 9 62 0.214409755
F1 9,021,320 0.7737 11,659,972 7 24 0.197834631
F1 8,650,700 0.9876 8,759,316 5 10 0.000206593
F1 8,479,490 0.9497 8,928,762 3 4 0.008044323
G1 5,070,315 1.2146 4,174,473 10 117 0.137622211
G1 5,138,561 1.0352 4,963,834 8 26 0.006331285
G1 5,802,397 0.9761 5,944,470 5 9 0.047127983
G1 4,140,351 1.0888 3,802,509 3 3 0.034937535
L1 7,195,563 0.9810 7,334,927 10 50 0.000456664
L1 6,869,305 1.0135 6,777,805 5 8 0.001817642
Random Totals: 436,896,016 432,459,596 152 2,264
CATG D1 EXCEPTION VALUES: 3,415,809 2,195,203
CATG J EXCEPTION VALUES: 10,471,930 11,906,597
CATG L1 EXCEPTION VALUES: 26,079,750 26,251,793
Total Test Values 476,863,505 472,813,189

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,640,659

Confidence Interval Values(5)

Local Test Value: 476,863,505 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 449,172,530 (State Test Value minus Margin of Error Percent)
State Upper Limit: 496,453,848 (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