taxes Property Tax Assistance

2024 Confidence Interval Detail

Nolan County
177-901/Roscoe Collegiate 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 12,724,581 0.8325 15,284,782 12 207 0.031510284
A 3 13,580,280 0.9012 15,069,108 12 129 0.010330366
A 4 14,792,710 0.9182 16,110,553 12 90 0.004492261
A 5 16,936,620 0.9613 17,618,454 12 55 0.007989967
E 0 19,775,970 0.9767 20,247,742 20 209 0.029255337
F1 2 3,818,520 0.9050 4,219,359 9 39 0.008951912
F1 3 4,665,020 1.0075 4,630,293 6 16 0.006460963
F1 4 4,551,320 0.9863 4,614,539 4 6 0.002957957
F1 5 3,974,420 0.9926 4,004,050 1 2 0.000000000
L1 2 4,356,800 1.0015 4,350,275 7 19 0.000697372
Random Totals: 99,176,241 106,149,155 95 772
CATG D1 EXCEPTION VALUES: 9,762,877 9,341,656
CATG J EXCEPTION VALUES: 34,961,152 35,956,505
CATG L1 EXCEPTION VALUES: 14,646,510 14,644,662
Total Test Values 158,546,780 166,091,978

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,304,599

Confidence Interval Values(5)

Local Test Value: 158,546,780 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 157,787,379 (State Test Value minus Margin of Error Percent)
State Upper Limit: 174,396,577 (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