taxes Property Tax Assistance

2023 Confidence Interval Detail

Smith County
092-901/Gladewater ISD

Category Summary

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

Stratum
Variance
A 12,623,153 0.9057 13,937,455 12 157 0.029601064
A 16,907,350 1.0551 16,024,405 12 115 0.025561133
A 14,391,620 0.9928 14,495,991 12 69 0.007743601
A 47,789,673 1.0092 47,354,016 12 148 0.008352205
E 91,935,520 0.9993 91,999,920 20 553 0.010251419
Random Totals: 183,647,316 183,811,787 68 1,042
CATG D1 EXCEPTION VALUES: 3,908,567 3,251,666
CATG J EXCEPTION VALUES: 180,769 187,846
Total Test Values 187,736,652 187,251,299

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,362,565

Confidence Interval Values(5)

Local Test Value: 187,736,652 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 177,888,734 (State Test Value minus Margin of Error Percent)
State Upper Limit: 196,613,864 (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