taxes Property Tax Assistance

2023 Confidence Interval Detail

Gaines County
083-903/Seminole ISD

Category Summary

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

Stratum
Variance
A 75,115,757 0.6336 118,553,909 10 857 0.055443219
A 68,628,880 0.8561 80,164,560 15 445 0.037401411
A 91,884,310 0.9020 101,867,306 12 430 0.016236574
A 98,590,828 0.9436 104,483,709 11 277 0.019111400
E 809,685,260 0.8067 1,003,700,583 46 5,341 0.019546363
G1 382,659,579 0.9994 382,889,313 10 100 0.004320061
G1 383,380,021 0.9906 387,017,990 7 16 0.002424438
G1 485,109,285 0.9951 487,498,025 4 5 0.001070705
Random Totals: 2,395,053,920 2,666,175,395 115 7,471
CATG D1 EXCEPTION VALUES: 63,031,474 89,610,988
CATG G1 EXCEPTION VALUES: 1,249,319,974 1,233,777,965
Total Test Values 3,707,405,368 3,989,564,348

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 199,478,217

Confidence Interval Values(5)

Local Test Value: 3,707,405,368 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 3,790,086,131 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,189,042,565 (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