taxes Property Tax Assistance

2023 Confidence Interval Detail

Wood County
230-904/Union Hill ISD

Category Summary

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

Stratum
Variance
E 17,155,441 0.9492 18,073,579 10 159 0.007475024
Random Totals: 17,155,441 18,073,579 10 159
CATG D1 EXCEPTION VALUES: 586,891 501,994
Total Test Values 17,742,332 18,575,573

Margin of Error

Margin of Error Percent: 5.8198426
Margin of Error Value: 1,081,069

Confidence Interval Values(5)

Local Test Value: 17,742,332 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 17,494,504 (State Test Value minus Margin of Error Percent)
State Upper Limit: 19,656,642 (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