taxes Property Tax Assistance

2021 Confidence Interval Detail

Wichita County
243-903/Iowa Park CISD

Category Summary

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

Stratum
Variance
A 78,514,287 0.8932 87,902,247 25 1,069 0.066564544
A 124,374,702 0.9392 132,426,216 54 1,087 0.042106299
A 92,112,243 0.9787 94,116,934 23 529 0.023761645
A 156,277,512 1.0036 155,716,931 31 579 0.008753436
E 61,183,333 0.8908 68,683,580 9 478 0.151409331
G1 4,059,760 0.9860 4,117,404 9 57 0.001054320
G1 4,082,730 0.9791 4,169,881 7 22 0.000182272
G1 4,669,620 0.9939 4,698,280 5 10 0.000260753
G1 3,220,740 0.9678 3,327,901 2 2 0.000574572
Random Totals: 528,494,927 555,159,374 165 3,833
CATG D1 EXCEPTION VALUES: 10,511,346 9,643,333
CATG G1 EXCEPTION VALUES: 5,312,002 5,340,329
CATG J EXCEPTION VALUES: 2,226,470 2,420,229
Total Test Values 546,544,745 572,563,265

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,628,163

Confidence Interval Values(5)

Local Test Value: 546,544,745 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 543,935,102 (State Test Value minus Margin of Error Percent)
State Upper Limit: 601,191,428 (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