taxes Property Tax Assistance

2024 Confidence Interval Detail

Childress County
038-901/Childress 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 40,957,000 0.7349 55,731,392 12 765 0.053082476
A 3 40,754,106 0.8561 47,604,376 13 412 0.066468325
A 4 40,650,231 0.9834 41,336,415 12 265 0.023645462
A 5 41,318,325 1.0637 38,843,964 12 155 0.023525481
E 0 49,040,014 0.9257 52,976,141 20 418 0.050873431
F1 2 14,006,440 0.9362 14,960,949 12 135 0.026564419
F1 3 11,894,516 0.9863 12,059,734 11 28 0.009457818
F1 4 20,803,764 1.0264 20,268,671 8 18 0.009741684
F1 5 16,585,254 1.0063 16,481,421 3 4 0.007149409
Random Totals: 276,009,650 300,263,063 103 2,200
CATG D1 EXCEPTION VALUES: 20,304,152 19,338,112
CATG J EXCEPTION VALUES: 19,963,550 21,667,803
Total Test Values 316,277,352 341,268,978

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,063,449

Confidence Interval Values(5)

Local Test Value: 316,277,352 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 324,205,529 (State Test Value minus Margin of Error Percent)
State Upper Limit: 358,332,427 (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