taxes Property Tax Assistance

2023 Confidence Interval Detail

Wichita County
243-901/Burkburnett ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 189,308,419 0.9903 191,162,697 57 1,646 0.021585582
A 212,698,169 0.9963 213,488,075 77 1,162 0.008246789
A 258,257,434 0.9991 258,490,075 52 1,096 0.008413419
A 285,740,789 1.0139 281,823,443 38 783 0.009441196
F1 15,991,689 0.9919 16,122,279 10 132 0.004836176
F1 14,925,119 1.0096 14,783,200 8 37 0.006040204
F1 17,006,774 1.0007 16,994,878 7 16 0.000723723
F1 16,058,000 1.0210 15,727,718 3 5 0.002200228
Random Totals: 1,009,986,393 1,008,592,365 252 4,877
CATG D1 EXCEPTION VALUES: 11,492,273 10,541,884
Total Test Values 1,021,478,666 1,019,134,249

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 50,956,712

Confidence Interval Values(5)

Local Test Value: 1,021,478,666 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 968,177,537 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,070,090,961 (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