taxes Property Tax Assistance

2023 Confidence Interval Detail

Parmer County
185-902/Farwell ISD

Category Summary

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

Stratum
Variance
A 7,360,722 1.0443 7,048,475 12 136 0.066651427
A 10,933,214 0.9773 11,187,163 14 115 0.090278885
A 16,752,331 0.9962 16,816,233 13 123 0.045134446
A 21,170,505 1.1126 19,027,957 12 93 0.017334044
E 55,136,286 0.9532 57,843,355 20 387 0.127270505
Random Totals: 111,353,058 111,923,183 71 854
CATG D1 EXCEPTION VALUES: 18,557,749 18,722,711
CATG J EXCEPTION VALUES: 5,002,720 5,101,856
Total Test Values 134,913,527 135,747,750

Margin of Error

Margin of Error Percent: 6.9689292
Margin of Error Value: 9,460,165

Confidence Interval Values(5)

Local Test Value: 134,913,527 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 126,287,585 (State Test Value minus Margin of Error Percent)
State Upper Limit: 145,207,915 (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