taxes Property Tax Assistance

2024 Confidence Interval Detail

Parmer County
185-901/Bovina 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 9,612,390 1.2690 7,574,775 12 156 0.040918573
A 3 12,821,363 1.3146 9,753,053 12 134 0.026847588
A 4 13,663,151 1.3144 10,394,972 12 105 0.036928930
A 5 14,762,318 1.1425 12,921,066 12 78 0.034671298
E 0 26,146,462 1.0099 25,890,150 22 303 0.023171301
Random Totals: 77,005,684 66,534,016 70 776
CATG D1 EXCEPTION VALUES: 28,814,480 28,802,143
CATG J EXCEPTION VALUES: 2,974,770 3,129,234
Total Test Values 108,794,934 98,465,393

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,923,270

Confidence Interval Values(5)

Local Test Value: 108,794,934 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 93,542,123 (State Test Value minus Margin of Error Percent)
State Upper Limit: 103,388,663 (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