taxes Property Tax Assistance

2024 Confidence Interval Detail

Midland County
165-901/Midland 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 3,356,973,012 0.9280 3,617,427,815 148 16,222 0.026220313
A 3 3,451,351,301 0.9904 3,484,805,433 149 10,993 0.012064737
A 4 3,672,829,604 0.9826 3,737,868,516 150 8,513 0.014702229
A 5 3,889,327,151 0.9433 4,123,107,337 149 4,806 0.040543075
B 2 427,175,254 0.9742 438,488,251 10 43 0.026866013
B 3 486,323,097 0.9905 490,987,478 9 20 0.041651909
B 4 649,420,190 1.0139 640,517,004 6 16 0.013830327
B 5 477,624,920 1.0819 441,468,639 2 9 0.007236310
C1 2 64,570,870 0.2763 233,698,408 12 3,124 0.248314358
C1 3 72,494,444 0.6627 109,392,552 11 1,387 0.071059308
C1 4 67,077,420 0.3981 168,493,896 11 598 0.119799959
C1 5 74,062,290 0.7096 104,371,886 10 171 0.791131361
E 0 369,497,263 0.6365 580,514,160 21 2,005 0.292638873
F1 2 1,087,027,374 0.5259 2,066,984,929 19 1,877 0.540534662
F1 3 1,144,609,001 1.0177 1,124,701,780 11 501 0.016379735
F1 4 1,144,947,703 0.9942 1,151,627,140 11 146 0.037585914
F1 5 819,287,028 1.0436 785,058,478 7 23 0.013542454
G1 2 5,534,391,515 0.9930 5,573,405,352 10 809 0.000287639
G1 3 5,530,124,908 0.9959 5,552,891,764 10 321 0.000326340
G1 4 5,510,404,056 1.0028 5,495,018,006 10 156 0.000142534
G1 5 5,516,733,449 1.0036 5,496,944,449 9 50 0.000083008
L1 2 553,746,470 0.9987 554,467,277 10 2,510 0.001502785
L1 3 541,714,840 1.0588 511,630,941 10 319 0.008826669
L1 4 602,532,711 0.9981 603,679,702 10 110 0.021898493
L1 5 822,423,190 1.1188 735,094,020 8 37 0.017546842
Random Totals: 45,866,669,061 47,822,645,213 813 54,766
CATG D1 EXCEPTION VALUES: 11,030,210 15,670,045
CATG J EXCEPTION VALUES: 160,315,482 171,601,931
Total Test Values 46,038,014,753 48,009,917,189

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,400,495,859

Confidence Interval Values(5)

Local Test Value: 46,038,014,753 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 45,609,421,330 (State Test Value minus Margin of Error Percent)
State Upper Limit: 50,410,413,048 (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