taxes Property Tax Assistance

2023 Confidence Interval Detail

Stephens County
224-902/Woodson ISD

Category Summary

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

Stratum
Variance
D2 1,080,870 0.9855 1,096,773 8 28 0.000278818
E 4,369,800 0.9905 4,411,711 15 40 0.002552137
G1 184,511 1.0258 179,870 5 8 0.000797033
Random Totals: 5,635,181 5,688,354 28 76
CATG D1 EXCEPTION VALUES: 1,050,970 880,257
CATG G1 EXCEPTION VALUES: 487,092 482,685
CATG J EXCEPTION VALUES: 225,070 226,403
Total Test Values 7,398,313 7,277,699

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 363,885

Confidence Interval Values(5)

Local Test Value: 7,398,313 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,913,814 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,641,584 (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