taxes Property Tax Assistance

2021 Confidence Interval Detail

Gaines County
083-902/Loop ISD

Category Summary

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

Stratum
Variance
E 23,779,015 1.0729 22,163,310 21 339 0.008639346
G1 9,356,998 1.0685 8,757,134 8 37 0.036760541
Random Totals: 33,136,013 30,920,444 29 376
CATG D1 EXCEPTION VALUES: 9,498,702 8,220,614
CATG G1 EXCEPTION VALUES: 78,648,745 85,451,159
CATG J EXCEPTION VALUES: 5,217,215 6,114,044
Total Test Values 126,500,675 130,706,261

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,535,313

Confidence Interval Values(5)

Local Test Value: 126,500,675 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 124,170,948 (State Test Value minus Margin of Error Percent)
State Upper Limit: 137,241,574 (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