taxes Property Tax Assistance

2024 Confidence Interval Detail

Nolan County
177-905/Highland 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
E 0 32,374,570 1.0210 31,708,688 19 258 0.012001442
G1 2 9,136,830 0.9903 9,226,325 8 25 0.000157770
Random Totals: 41,511,400 40,935,013 27 283
CATG D1 EXCEPTION VALUES: 8,187,962 7,536,674
CATG G1 EXCEPTION VALUES: 2,592,770 2,592,017
CATG J EXCEPTION VALUES: 3,227,287 3,345,724
Total Test Values 55,519,419 54,409,428

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,720,471

Confidence Interval Values(5)

Local Test Value: 55,519,419 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 51,688,957 (State Test Value minus Margin of Error Percent)
State Upper Limit: 57,129,899 (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