taxes Property Tax Assistance

2023 Confidence Interval Detail

Gaines County
083-902/Loop ISD

Category Summary

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

Stratum
Variance
E 25,412,422 0.6484 39,192,508 10 337 0.646532433
G1 40,320,631 1.0262 39,291,202 11 35 0.000483287
Random Totals: 65,733,053 78,483,710 21 372
CATG D1 EXCEPTION VALUES: 12,397,663 17,574,874
CATG G1 EXCEPTION VALUES: 90,597,120 89,517,450
CATG J EXCEPTION VALUES: 10,651,189 10,884,488
Total Test Values 179,379,025 196,460,522

Margin of Error

Margin of Error Percent: 10.4456668
Margin of Error Value: 20,521,612

Confidence Interval Values(5)

Local Test Value: 179,379,025 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 175,938,910 (State Test Value minus Margin of Error Percent)
State Upper Limit: 216,982,134 (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