taxes Property Tax Assistance

2024 Confidence Interval Detail

Collingsworth County
044-902/Wellington 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 17,070,860 0.6818 25,037,929 13 399 0.078500502
A 3 17,181,000 0.8281 20,747,494 12 179 0.033236225
A 4 18,112,170 0.8663 20,907,503 13 124 0.019031734
A 5 27,428,530 0.9470 28,963,601 14 115 0.013435829
E 0 29,421,560 0.8170 36,011,701 20 336 0.166052133
Random Totals: 109,214,120 131,668,228 72 1,153
CATG D1 EXCEPTION VALUES: 39,316,818 27,805,268
CATG J EXCEPTION VALUES: 19,782,300 20,810,768
Total Test Values 168,313,238 180,284,264

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,014,213

Confidence Interval Values(5)

Local Test Value: 168,313,238 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 171,270,051 (State Test Value minus Margin of Error Percent)
State Upper Limit: 189,298,477 (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