taxes Property Tax Assistance

2021 Confidence Interval Detail

Sherman County
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 2,248,130 0.9290 2,419,946 9 53 0.029948676
A 2,370,420 0.9189 2,579,628 8 32 0.046991648
A 2,564,590 1.0490 2,444,795 7 23 0.036101675
A 3,684,220 1.2773 2,884,381 6 20 0.012106138
E 11,785,820 1.0064 11,710,870 21 107 0.084886796
G1 4,451,670 0.9885 4,503,460 9 85 0.000373209
G1 4,450,840 0.9797 4,543,064 8 29 0.000558424
G1 4,811,380 0.9845 4,887,131 6 11 0.000295985
G1 4,070,780 0.9972 4,082,369 2 2 0.000000588
Random Totals: 40,437,850 40,055,644 76 362
CATG D1 EXCEPTION VALUES: 25,184,549 30,074,153
CATG J EXCEPTION VALUES: 7,761,030 8,395,086
Total Test Values 73,383,429 78,524,883

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,926,244

Confidence Interval Values(5)

Local Test Value: 73,383,429 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 74,598,639 (State Test Value minus Margin of Error Percent)
State Upper Limit: 82,451,127 (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