taxes Property Tax Assistance

2024 Confidence Interval Detail

Gaines County
083-903/Seminole 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 82,350,990 0.8587 95,901,933 10 862 0.033971727
A 3 79,102,010 0.9561 82,734,034 11 478 0.011496120
A 4 95,960,640 0.9837 97,550,717 13 415 0.003787411
A 5 120,214,520 1.0602 113,388,530 14 312 0.013893428
E 0 980,809,146 0.9346 1,049,442,698 37 5,716 0.012996506
G1 2 368,595,880 1.0044 366,981,163 10 107 0.005197561
G1 3 396,409,685 1.0074 393,497,801 7 19 0.000736701
G1 4 479,309,566 1.0445 458,889,005 4 5 0.004835242
Random Totals: 2,602,752,437 2,658,385,881 106 7,914
CATG D1 EXCEPTION VALUES: 52,627,487 27,816,551
CATG G1 EXCEPTION VALUES: 872,692,500 875,290,462
Total Test Values 3,528,072,424 3,561,492,894

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 178,074,645

Confidence Interval Values(5)

Local Test Value: 3,528,072,424 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,383,418,249 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,739,567,539 (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