taxes Property Tax Assistance

2021 Confidence Interval Detail

Gregg County
092-903/Longview ISD

Category Summary

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

Stratum
Variance
A 499,833,106 0.8762 570,455,496 74 5,899 0.135129923
A 518,954,424 0.9637 538,502,048 75 3,475 0.012846034
A 548,405,133 0.9962 550,497,022 74 2,522 0.010568185
A 563,003,934 0.9898 568,805,753 74 1,266 0.008498547
B 65,850,280 0.5643 116,693,744 11 235 0.388024873
B 124,881,980 0.8417 148,368,754 7 14 0.066693513
E 265,730,695 0.8881 299,212,583 31 1,610 0.074757869
F1 254,276,165 0.7327 347,039,941 20 847 0.056348256
F1 272,952,939 0.9692 281,627,052 15 249 0.027653691
F1 294,265,432 0.8942 329,082,344 16 95 0.034449544
F1 255,588,550 0.7943 321,778,358 10 16 0.136783635
L1 155,719,292 1.0036 155,160,713 13 894 0.007811719
L1 156,241,470 1.0434 149,742,639 13 191 0.019326793
L1 148,666,380 1.0453 142,223,649 10 50 0.039454208
L1 153,675,170 1.0953 140,304,182 7 11 0.020878641
Random Totals: 4,278,044,950 4,659,494,278 450 17,374
CATG B EXCEPTION VALUES: 71,720,100 95,713,455
CATG D1 EXCEPTION VALUES: 5,750,012 6,033,087
Total Test Values 4,355,515,062 4,761,240,820

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 238,062,041

Confidence Interval Values(5)

Local Test Value: 4,355,515,062 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 4,523,178,779 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,999,302,861 (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