taxes Property Tax Assistance

2022 Confidence Interval Detail

Parmer County
185-902/Farwell ISD

Category Summary

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

Stratum
Variance
A 9,596,771 0.7236 13,262,536 14 190 0.147101365
A 10,355,051 0.8944 11,577,651 14 112 0.039355380
A 9,915,515 0.8820 11,242,080 13 71 0.019134497
A 9,283,000 0.8846 10,494,009 12 45 0.035578424
E 36,246,161 0.9480 38,234,347 20 380 0.056141502
Random Totals: 75,396,498 84,810,623 73 798
CATG D1 EXCEPTION VALUES: 11,588,216 11,063,181
CATG J EXCEPTION VALUES: 25,336,210 27,984,422
Total Test Values 112,320,924 123,858,226

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,192,911

Confidence Interval Values(5)

Local Test Value: 112,320,924 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 117,665,315 (State Test Value minus Margin of Error Percent)
State Upper Limit: 130,051,137 (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