taxes Property Tax Assistance

2024 Confidence Interval Detail

Caldwell County
028-906/Prairie Lea 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 11,190,660 1.0489 10,668,948 11 74 0.040885450
A 3 10,456,030 0.9942 10,517,029 10 43 0.021684919
A 4 11,499,746 1.0650 10,797,884 9 34 0.017263963
A 5 9,910,905 1.0199 9,717,526 8 18 0.009202099
E 0 136,800,013 1.0211 133,973,179 20 736 0.073126802
F1 2 15,078,572 1.0100 14,929,279 10 45 0.011592441
G1 2 24,816,639 1.0163 24,418,616 8 30 0.010033267
Random Totals: 219,752,565 215,022,461 76 980
CATG D1 EXCEPTION VALUES: 1,291,583 1,356,919
CATG F1 EXCEPTION VALUES: 3,092,540 3,069,864
CATG G1 EXCEPTION VALUES: 11,577,514 11,489,021
Total Test Values 235,714,202 230,938,265

Margin of Error

Margin of Error Percent: 6.9836652
Margin of Error Value: 16,127,955

Confidence Interval Values(5)

Local Test Value: 235,714,202 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 214,810,310 (State Test Value minus Margin of Error Percent)
State Upper Limit: 247,066,220 (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