taxes Property Tax Assistance

2022 Confidence Interval Detail

Midland County
165-902/Greenwood ISD

Category Summary

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

Stratum
Variance
A 196,491,254 0.8394 234,085,363 27 920 0.039594559
A 207,377,666 0.9099 227,912,590 31 551 0.011352932
A 219,536,568 0.9460 232,068,254 24 428 0.016312665
A 248,834,879 1.0127 245,714,307 18 323 0.011565427
G1 827,903,910 1.0019 826,333,876 10 145 0.000061751
G1 828,225,924 1.0116 818,728,671 9 59 0.000352577
G1 832,701,324 1.0054 828,228,888 8 35 0.000205744
G1 808,674,393 1.0170 795,156,729 5 10 0.000354172
Random Totals: 4,169,745,918 4,208,228,678 132 2,471
CATG D1 EXCEPTION VALUES: 4,557,040 5,442,480
CATG J EXCEPTION VALUES: 40,432,030 47,990,311
Total Test Values 4,214,734,988 4,261,661,469

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 213,083,073

Confidence Interval Values(5)

Local Test Value: 4,214,734,988 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,048,578,396 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,474,744,542 (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