taxes Property Tax Assistance

2023 Confidence Interval Detail

Terry County
223-904/Wellman-Union CISD

Category Summary

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

Stratum
Variance
E 25,239,613 0.8327 30,310,572 14 364 0.104392698
G1 22,468,298 0.9953 22,574,398 15 27 0.003244168
Random Totals: 47,707,911 52,884,970 29 391
CATG D1 EXCEPTION VALUES: 21,399,299 16,856,267
CATG G1 EXCEPTION VALUES: 22,084,386 21,979,890
CATG J EXCEPTION VALUES: 5,873,817 5,985,136
Total Test Values 97,065,413 97,706,263

Margin of Error

Margin of Error Percent: 5.4049335
Margin of Error Value: 5,280,959

Confidence Interval Values(5)

Local Test Value: 97,065,413 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 92,425,304 (State Test Value minus Margin of Error Percent)
State Upper Limit: 102,987,222 (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