taxes Property Tax Assistance

2021 Confidence Interval Detail

Nolan County
221-905/Trent ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 5,304,470 1.0395 5,102,905 19 79 0.094257112
Random Totals: 5,304,470 5,102,905 19 79
CATG D1 EXCEPTION VALUES: 2,302,110 2,553,437
CATG J EXCEPTION VALUES: 3,924,770 4,098,800
Total Test Values 11,531,350 11,755,142

Margin of Error

Margin of Error Percent: 5.5956594
Margin of Error Value: 657,778

Confidence Interval Values(5)

Local Test Value: 11,531,350 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 11,097,364 (State Test Value minus Margin of Error Percent)
State Upper Limit: 12,412,920 (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