taxes Property Tax Assistance

2024 Confidence Interval Detail

Ochiltree County
098-904/Spearman 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 8,277,600 0.9982 8,292,527 9 46 0.000034876
G1 3 8,148,740 1.0019 8,133,287 6 12 0.000017290
G1 4 9,220,090 0.9990 9,229,319 5 7 0.000003173
Random Totals: 25,646,430 25,655,133 20 65
CATG D1 EXCEPTION VALUES: 19,357,296 17,918,440
CATG G1 EXCEPTION VALUES: 7,153,340 7,127,097
Total Test Values 52,157,066 50,700,670

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,535,034

Confidence Interval Values(5)

Local Test Value: 52,157,066 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 48,165,636 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,235,704 (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