taxes Property Tax Assistance

2021 Confidence Interval Detail

Wise County
249-905/Decatur ISD

Category Summary

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

Stratum
Variance
A 271,662,021 0.9640 281,807,076 60 1,763 0.016655433
A 288,326,054 1.0046 287,005,827 59 1,178 0.011521889
A 286,913,603 0.9844 291,460,385 60 846 0.004577419
A 394,643,468 1.0152 388,734,701 60 800 0.010006489
E 441,863,700 0.9373 471,421,850 39 1,832 0.046390685
F1 100,797,233 0.9142 110,257,310 10 259 0.030936335
F1 102,396,443 0.9130 112,153,826 9 95 0.041452197
F1 107,960,577 0.9391 114,961,747 10 49 0.010884558
F1 95,060,135 0.9246 102,812,173 7 15 0.036414157
G1 61,484,552 1.0473 58,707,679 10 339 0.026372688
G1 61,342,815 1.1066 55,433,594 10 115 0.029255027
G1 61,994,686 1.2054 51,430,800 9 68 0.031715894
G1 60,281,194 0.9800 61,511,422 8 34 0.004728689
L1 32,314,911 1.0179 31,746,646 10 329 0.002726045
L1 33,383,612 0.9916 33,666,410 9 62 0.001463832
L1 36,278,520 1.0034 36,155,591 6 17 0.002073749
L1 34,588,330 1.0423 33,183,228 5 6 0.000932790
Random Totals: 2,471,291,854 2,522,450,265 381 7,807
CATG D1 EXCEPTION VALUES: 6,613,697 4,090,932
CATG J EXCEPTION VALUES: 10,045,653 14,616,118
Total Test Values 2,487,951,204 2,541,157,315

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 127,057,866

Confidence Interval Values(5)

Local Test Value: 2,487,951,204 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,414,099,449 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,668,215,181 (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