taxes Property Tax Assistance

2022 Confidence Interval Detail

Loving County
248-902/Wink-Loving ISD

Category Summary

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

Stratum
Variance
G1 3,690,275,978 1.0081 3,660,624,916 10 527 0.000022397
G1 3,707,486,066 1.0070 3,681,714,068 10 245 0.000114432
G1 3,714,680,156 1.0091 3,681,181,405 10 135 0.000041629
G1 3,647,992,157 1.0085 3,617,245,570 8 36 0.000026730
Random Totals: 14,760,434,357 14,640,765,959 38 943
CATG D1 EXCEPTION VALUES: 735,847 733,526
CATG J EXCEPTION VALUES: 303,891,120 325,329,671
Total Test Values 15,065,061,324 14,966,829,156

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 748,341,458

Confidence Interval Values(5)

Local Test Value: 15,065,061,324 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 14,218,487,698 (State Test Value minus Margin of Error Percent)
State Upper Limit: 15,715,170,614 (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