taxes Property Tax Assistance

2023 Confidence Interval Detail

Wichita County
243-905/Wichita Falls ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 1,018,743,528 0.9889 1,030,178,509 96 9,820 0.020232754
A 1,086,669,760 1.0073 1,078,794,560 98 5,900 0.011267077
A 1,208,243,912 1.0027 1,204,990,438 99 4,544 0.007899334
A 1,316,410,325 0.9962 1,321,431,766 99 2,838 0.006957421
B 86,304,829 0.9882 87,335,387 10 332 0.002837947
B 67,740,474 1.0063 67,316,381 8 28 0.002926088
B 112,516,000 1.0080 111,623,016 9 24 0.005061739
B 89,048,657 1.0086 88,289,368 6 8 0.002348627
F1 291,573,482 1.0263 284,101,610 17 1,012 0.006988497
F1 289,964,911 0.9645 300,637,544 12 261 0.005141286
F1 284,344,123 1.0004 284,230,431 10 102 0.001205092
F1 300,633,080 1.0782 278,828,677 8 39 0.041437300
L1 126,883,286 1.0870 116,727,954 11 1,017 0.040301450
L1 123,938,380 1.0728 115,527,946 11 219 0.016848233
L1 129,545,640 1.0919 118,642,403 10 82 0.002429555
L1 141,637,619 1.0307 137,418,860 7 26 0.000735621
Random Totals: 6,674,198,006 6,626,074,850 511 26,252
CATG D1 EXCEPTION VALUES: 1,924,663 1,693,129
CATG J EXCEPTION VALUES: 16,038,074 16,717,758
Total Test Values 6,692,160,743 6,644,485,737

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 332,224,287

Confidence Interval Values(5)

Local Test Value: 6,692,160,743 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,312,261,450 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,976,710,024 (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