taxes Property Tax Assistance

2023 Confidence Interval Detail

Gregg County
092-903/Longview ISD

Category Summary

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

Stratum
Variance
A 500,421,998 0.9409 531,854,605 44 5,109 0.029406071
A 523,510,823 0.9575 546,747,596 50 3,013 0.013010923
A 1,046,643,693 0.9673 1,082,025,941 56 4,167 0.013363478
A 984,610,480 0.9623 1,023,184,537 58 1,989 0.010800656
B 109,185,557 1.4029 77,828,467 11 290 0.111153505
B 46,901,102 0.6878 68,190,029 6 8 0.125994538
B 158,879,280 1.0266 154,762,595 5 12 0.014228041
B 98,810,780 1.0156 97,289,098 3 8 0.024202115
E 365,995,818 1.0093 362,623,420 22 1,713 0.065873452
F1 349,959,510 0.8117 431,143,908 14 879 0.024745539
F1 351,732,866 0.9800 358,911,088 13 243 0.024593346
F1 434,225,905 0.9710 447,194,547 12 100 0.003386528
F1 533,725,688 1.0155 525,579,210 8 25 0.000805485
L1 175,794,517 0.9684 181,530,893 9 939 0.010765648
L1 202,415,040 1.0142 199,580,990 10 226 0.005239330
L1 240,272,770 0.9295 258,496,794 10 68 0.044901037
L1 333,923,790 1.0583 315,528,480 5 14 0.016722085
Random Totals: 6,457,009,617 6,662,472,198 336 18,803
CATG D1 EXCEPTION VALUES: 4,888,649 5,292,467
Total Test Values 6,461,898,266 6,667,764,665

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 333,388,233

Confidence Interval Values(5)

Local Test Value: 6,461,898,266 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,334,376,432 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,001,152,898 (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