taxes Property Tax Assistance

2024 Confidence Interval Detail

Bailey County
009-901/Muleshoe ISD

Category Summary

(1)
Category 		(1)
Stratum
Number 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2 25,198,864 0.7491 33,638,852 12 614 0.065650637
A 3 26,347,167 0.6604 39,895,771 12 350 0.076719376
A 4 28,536,333 0.8141 35,052,614 11 248 0.027021238
A 5 32,125,989 0.8383 38,322,783 12 161 0.016550299
E 0 43,692,174 0.7640 57,188,709 22 675 0.172521463
F1 2 5,126,963 0.9511 5,390,561 10 126 0.020467589
F1 3 5,895,848 0.9325 6,322,625 8 44 0.011210549
F1 4 5,516,971 1.0141 5,440,263 7 17 0.004304946
F1 5 4,600,536 0.9727 4,729,656 4 5 0.002381102
L1 2 7,465,446 1.1038 6,763,405 10 151 0.014651483
L1 3 7,872,861 1.1848 6,644,886 7 26 0.099643384
L1 4 5,903,651 1.1637 5,073,173 5 7 0.020686673
Random Totals: 198,282,803 244,463,298 120 2,424
CATG D1 EXCEPTION VALUES: 30,014,339 22,922,420
CATG J EXCEPTION VALUES: 20,597,720 21,667,234
CATG L1 EXCEPTION VALUES: 8,295,660 7,737,918
Total Test Values 257,190,522 296,790,870

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,839,544

Confidence Interval Values(5)

Local Test Value: 257,190,522 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 281,951,326 (State Test Value minus Margin of Error Percent)
State Upper Limit: 311,630,414 (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