taxes Property Tax Assistance

2021 Confidence Interval Detail

Wood County
250-906/Alba-Golden ISD

Category Summary

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

Stratum
Variance
A 36,356,110 1.0146 35,832,949 15 408 0.042839774
A 35,865,248 0.9693 37,001,184 15 208 0.014980090
A 53,528,708 0.9872 54,222,759 15 213 0.014387387
A 68,041,354 0.9777 69,593,284 19 161 0.021701712
E 207,666,467 0.9034 229,872,113 40 1,921 0.292987511
F1 6,196,289 0.5580 11,104,461 9 62 0.058598023
F1 5,715,564 0.7075 8,078,536 8 22 0.098772520
F1 7,216,377 0.7623 9,466,584 6 15 0.089817297
F1 6,628,520 0.9268 7,152,050 4 8 0.009271221
Random Totals: 427,214,637 462,323,920 131 3,018
CATG D1 EXCEPTION VALUES: 5,811,265 4,580,855
Total Test Values 433,025,902 466,904,775

Margin of Error

Margin of Error Percent: 8.3252885
Margin of Error Value: 38,871,170

Confidence Interval Values(5)

Local Test Value: 433,025,902 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 428,033,605 (State Test Value minus Margin of Error Percent)
State Upper Limit: 505,775,945 (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