taxes Property Tax Assistance

2021 Confidence Interval Detail

Wood County
230-905/Harmony ISD

Category Summary

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

Stratum
Variance
A 62,415,967 0.9678 64,492,630 19 499 0.005564770
A 70,330,274 0.9768 72,000,690 21 389 0.002031083
A 80,176,100 0.9922 80,806,390 25 350 0.004477153
A 106,994,465 0.9968 107,337,946 27 314 0.003519250
E 49,121,733 0.9854 49,849,536 19 498 0.019031897
Random Totals: 369,038,539 374,487,192 111 2,050
CATG D1 EXCEPTION VALUES: 3,281,679 3,261,295
Total Test Values 372,320,218 377,748,487

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 18,887,424

Confidence Interval Values(5)

Local Test Value: 372,320,218 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 358,861,063 (State Test Value minus Margin of Error Percent)
State Upper Limit: 396,635,911 (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