taxes Property Tax Assistance

2024 Confidence Interval Detail

Loving County
248-902/Wink-Loving 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
G1 2 4,010,301,133 1.0038 3,995,119,678 10 698 0.000045943
G1 3 4,004,145,431 0.9920 4,036,436,926 10 326 0.000241764
G1 4 4,001,398,723 1.0037 3,986,648,125 10 180 0.000199183
G1 5 3,992,476,075 0.9951 4,012,135,539 9 58 0.000135750
Random Totals: 16,008,321,362 16,030,340,268 39 1,262
CATG D1 EXCEPTION VALUES: 529,296 429,042
CATG J EXCEPTION VALUES: 68,768,910 73,605,894
Total Test Values 16,077,619,568 16,104,375,204

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 805,218,760

Confidence Interval Values(5)

Local Test Value: 16,077,619,568 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 15,299,156,444 (State Test Value minus Margin of Error Percent)
State Upper Limit: 16,909,593,964 (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