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 0.7971 35,800,192 12 248 0.028252280
A 5 32,125,989 0.8358 38,437,412 12 161 0.016863679
E 0 43,692,174 0.7591 57,557,863 22 675 0.174706847
F1 2 5,126,963 0.8282 6,190,489 10 126 0.007461570
F1 3 5,895,848 0.9288 6,347,812 8 44 0.011257618
F1 4 5,516,971 0.9947 5,546,367 7 17 0.003182823
F1 5 4,600,536 0.9690 4,747,715 4 5 0.002939751
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: 198,282,803 246,643,937 121 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 257,190,522 298,971,509

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,948,575

Confidence Interval Values(5)

Local Test Value: 257,190,522 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 284,022,934 (State Test Value minus Margin of Error Percent)
State Upper Limit: 313,920,084 (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