taxes Property Tax Assistance

2023 Confidence Interval Detail

Bailey County
009-901/Muleshoe ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 23,789,301 0.6557 36,280,770 16 624 0.131703989
A 23,839,387 0.7041 33,857,956 12 338 0.053253299
A 25,879,294 0.7020 36,865,091 12 241 0.049837916
A 28,632,213 0.7857 36,441,661 13 153 0.043359476
E 39,354,459 0.6625 59,402,957 18 658 0.178718326
F1 5,043,404 1.0049 5,018,812 10 126 0.025867523
F1 5,162,426 0.9562 5,398,898 8 41 0.002802029
F1 5,043,255 0.9643 5,229,965 8 18 0.007574705
F1 5,147,848 0.9145 5,629,154 6 7 0.042534118
L1 7,024,247 1.0260 6,846,245 10 156 0.012010383
L1 9,349,427 1.0040 9,312,178 8 30 0.005124242
L1 7,372,236 1.0840 6,800,956 5 8 0.017294333
Random Totals: 185,637,497 247,084,643 126 2,400
CATG D1 EXCEPTION VALUES: 25,531,940 22,359,549
CATG J EXCEPTION VALUES: 27,763,240 28,353,331
CATG L1 EXCEPTION VALUES: 9,531,576 9,350,573
Total Test Values 248,464,253 307,148,096

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,357,405

Confidence Interval Values(5)

Local Test Value: 248,464,253 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 291,790,691 (State Test Value minus Margin of Error Percent)
State Upper Limit: 322,505,501 (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