taxes Property Tax Assistance

2023 Confidence Interval Detail

Wise County
249-905/Decatur ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 336,075,429 0.9723 345,649,932 41 1,644 0.025126035
A 418,896,617 0.9944 421,255,649 50 1,342 0.007519179
A 450,023,123 1.0202 441,112,648 40 1,033 0.013404899
A 719,404,447 1.0018 718,111,846 50 1,093 0.004547901
E 661,921,437 0.9876 670,232,318 25 1,924 0.040175753
F1 118,945,280 1.0397 114,403,463 14 240 0.004911730
F1 141,683,981 1.0480 135,194,638 9 110 0.008555808
F1 139,865,017 1.0131 138,056,477 9 57 0.003406987
F1 207,090,685 1.0975 188,693,107 7 35 0.007815648
G1 179,476,797 1.0050 178,583,878 10 393 0.000107164
G1 179,740,483 1.0158 176,944,756 10 146 0.005196057
G1 179,161,024 0.9983 179,466,116 9 82 0.000309026
G1 178,596,395 1.0263 174,019,677 9 46 0.005964760
L1 45,050,428 1.0274 43,848,966 11 311 0.010150529
L1 42,097,142 1.0577 39,800,645 10 50 0.007055817
L1 43,997,601 1.0723 41,031,056 6 12 0.003275529
L1 50,504,489 0.9810 51,482,660 4 6 0.000167127
Random Totals: 4,092,530,375 4,057,887,832 314 8,524
CATG D1 EXCEPTION VALUES: 6,473,418 2,749,549
Total Test Values 4,099,003,793 4,060,637,381

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 203,031,869

Confidence Interval Values(5)

Local Test Value: 4,099,003,793 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,857,605,512 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,263,669,250 (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