taxes Property Tax Assistance

2023 Confidence Interval Detail

Wheeler County
242-905/Kelton ISD

Category Summary

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

Stratum
Variance
G1 86,166,690 0.9997 86,192,548 10 183 0.000174901
G1 86,136,710 1.0015 86,007,698 9 74 0.000168074
G1 88,241,560 1.0058 87,732,710 9 42 0.000072304
G1 83,904,714 1.0042 83,553,788 7 18 0.000021841
Random Totals: 344,449,674 343,486,744 35 317
CATG D1 EXCEPTION VALUES: 6,201,567 5,208,733
CATG J EXCEPTION VALUES: 9,134,030 9,112,122
Total Test Values 359,785,271 357,807,599

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,890,380

Confidence Interval Values(5)

Local Test Value: 359,785,271 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 339,917,219 (State Test Value minus Margin of Error Percent)
State Upper Limit: 375,697,979 (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