taxes Property Tax Assistance

2023 Confidence Interval Detail

Randall County
219-901/Happy ISD

Category Summary

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

Stratum
Variance
A 14,881,195 0.9347 15,920,825 15 51 0.039187564
E 8,257,222 1.1118 7,426,895 19 54 0.020554448
Random Totals: 23,138,417 23,347,720 34 105
CATG D1 EXCEPTION VALUES: 4,941,550 5,512,695
CATG F1 EXCEPTION VALUES: 2,553,008 2,655,736
CATG J EXCEPTION VALUES: 2,761,480 2,820,048
Total Test Values 33,394,455 34,336,199

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,716,810

Confidence Interval Values(5)

Local Test Value: 33,394,455 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 32,619,389 (State Test Value minus Margin of Error Percent)
State Upper Limit: 36,053,009 (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