taxes Property Tax Assistance

2024 Confidence Interval Detail

Castro County
140-907/Springlake-Earth 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
E 0 5,292,630 0.9014 5,871,566 22 62 0.090485495
Random Totals: 5,292,630 5,871,566 22 62
CATG D1 EXCEPTION VALUES: 12,672,001 6,235,727
CATG J EXCEPTION VALUES: 2,592,100 2,650,364
Total Test Values 20,556,731 14,757,657

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 737,883

Confidence Interval Values(5)

Local Test Value: 20,556,731 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 14,019,774 (State Test Value minus Margin of Error Percent)
State Upper Limit: 15,495,540 (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