taxes Property Tax Assistance

2023 Confidence Interval Detail

Wood County
250-903/Mineola ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 89,410,734 1.0082 88,683,529 14 795 0.030094986
A 82,235,935 1.0340 79,531,852 21 406 0.003372199
A 121,563,131 0.9682 125,555,806 26 455 0.011173985
A 200,826,817 1.0266 195,623,239 29 468 0.004494603
E 336,115,326 1.0277 327,055,878 31 2,014 0.036451753
F1 31,761,140 0.9634 32,967,760 12 204 0.016289162
F1 31,581,930 0.9312 33,915,303 12 70 0.020715362
F1 33,580,018 0.9861 34,053,360 11 29 0.010588493
F1 33,115,734 1.0274 32,232,684 4 5 0.000304753
G1 45,715,038 1.0048 45,496,654 8 24 0.000002143
Random Totals: 1,005,905,803 995,116,065 168 4,470
CATG D1 EXCEPTION VALUES: 6,629,480 5,579,253
CATG G1 EXCEPTION VALUES: 33,054,840 33,064,533
Total Test Values 1,045,590,123 1,033,759,851

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 51,687,993

Confidence Interval Values(5)

Local Test Value: 1,045,590,123 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 982,071,858 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,085,447,844 (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