taxes Property Tax Assistance

2021 Confidence Interval Detail

Wichita County
243-905/Wichita Falls ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 703,993,303 0.9978 705,545,503 75 9,610 0.032635095
A 790,142,322 0.9789 807,173,687 75 5,918 0.011444861
A 1,006,164,219 0.9931 1,013,154,988 75 5,060 0.008526169
A 946,891,966 1.0056 941,618,900 75 2,594 0.011169052
B 64,362,048 0.9135 70,456,539 10 252 0.004721187
B 61,615,000 0.9802 62,859,620 7 27 0.001263351
B 47,566,000 1.0003 47,551,734 8 13 0.002001203
B 96,187,000 0.9807 98,079,943 5 13 0.000502390
F1 253,931,544 0.9784 259,537,555 27 946 0.045931364
F1 240,220,817 0.9503 252,784,191 12 223 0.006914226
F1 269,592,231 0.9164 294,186,197 12 95 0.026488617
F1 211,449,834 1.0396 203,395,377 9 22 0.005703260
L1 113,372,646 1.0072 112,562,198 10 1,009 0.004742386
L1 107,041,651 1.0020 106,827,995 10 205 0.003465053
L1 113,017,784 0.9952 113,562,886 9 80 0.001282560
L1 116,371,739 1.0085 115,390,916 8 24 0.004040581
Random Totals: 5,141,920,104 5,204,688,229 427 26,091
CATG D1 EXCEPTION VALUES: 1,905,774 1,733,004
Total Test Values 5,143,825,878 5,206,421,233

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 260,321,062

Confidence Interval Values(5)

Local Test Value: 5,143,825,878 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,946,100,171 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,466,742,295 (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