taxes Property Tax Assistance

2021 Confidence Interval Detail

Young County
252-903/Olney ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 12,799,930 0.9262 13,819,834 15 444 0.137041497
A 14,233,755 0.8598 16,554,728 15 258 0.046480791
A 13,456,442 0.8755 15,370,008 16 164 0.055384019
A 16,826,090 0.9817 17,139,747 15 112 0.006100131
E 30,719,937 1.0800 28,444,386 20 338 0.039848632
F1 1,877,680 1.0035 1,871,131 10 75 0.002946635
F1 1,857,590 0.9270 2,003,873 9 30 0.027910787
F1 1,553,800 0.9467 1,641,280 7 11 0.011299282
F1 2,089,970 0.8653 2,415,313 6 8 0.084371129
G1 825,730 0.9846 838,645 9 55 0.000106526
G1 804,480 0.9846 817,063 6 14 0.000544302
G1 840,600 0.9757 861,535 4 6 0.000208444
G1 690,560 0.9782 705,916 2 2 0.000139951
Random Totals: 98,576,564 102,483,459 134 1,517
CATG D1 EXCEPTION VALUES: 8,311,333 8,351,452
Total Test Values 106,887,897 110,834,911

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,541,746

Confidence Interval Values(5)

Local Test Value: 106,887,897 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 105,293,165 (State Test Value minus Margin of Error Percent)
State Upper Limit: 116,376,657 (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