taxes Property Tax Assistance

2021 Confidence Interval Detail

Gregg County
092-904/Pine Tree ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 226,103,641 0.8877 254,707,267 48 2,151 0.016096670
A 246,393,227 0.9351 263,493,987 62 1,654 0.011396814
A 270,785,611 0.9570 282,952,572 60 1,420 0.008948931
A 280,753,400 1.0006 280,585,049 60 903 0.009026629
B 26,839,400 0.7125 37,669,333 10 303 0.005179138
B 30,191,790 0.8339 36,205,528 10 209 0.015070896
B 14,726,900 0.6977 21,107,783 7 10 0.163518995
F1 53,410,280 0.9371 56,995,283 12 303 0.077412596
F1 53,480,678 0.9273 57,673,545 11 100 0.025385427
F1 45,623,630 0.9390 48,587,465 9 40 0.026534369
F1 65,979,478 0.7147 92,317,725 8 20 0.264409985
L1 46,954,080 1.0485 44,782,146 10 347 0.019581127
L1 33,698,520 1.0359 32,530,669 9 64 0.018495739
L1 55,723,840 1.0146 54,921,979 8 38 0.002498135
L1 43,968,600 0.9635 45,634,250 5 6 0.001501352
Random Totals: 1,494,633,075 1,610,164,581 329 7,568
CATG B EXCEPTION VALUES: 16,171,260 18,428,432
CATG D1 EXCEPTION VALUES: 641,872 755,907
Total Test Values 1,511,446,207 1,629,348,920

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 81,467,446

Confidence Interval Values(5)

Local Test Value: 1,511,446,207 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,547,881,474 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,710,816,366 (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