taxes Property Tax Assistance

2024 Confidence Interval Detail

Parmer County
185-903/Friona 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 28,770,924 1.2575 22,879,462 12 403 0.092759066
A 3 34,125,461 1.2184 28,008,422 12 279 0.013136965
A 4 38,396,250 1.2320 31,165,787 13 222 0.008605550
A 5 36,614,220 1.2802 28,600,391 12 123 0.018393746
E 0 67,028,526 1.0867 61,680,801 23 606 0.009943171
F1 2 3,521,969 0.9027 3,901,594 9 43 0.018755882
F1 3 10,054,201 0.8922 11,268,999 8 49 0.013356167
F1 4 6,980,998 0.9276 7,525,871 5 16 0.002651721
F1 5 6,880,932 0.9741 7,063,887 5 7 0.004355198
L1 2 6,613,922 1.2614 5,243,319 9 105 0.056834126
L1 3 4,588,153 1.0882 4,216,277 6 14 0.036845106
L1 4 4,968,617 0.9211 5,394,221 4 5 0.044136126
L1 5 4,871,786 1.0456 4,659,321 2 3 0.003986156
Random Totals: 253,415,959 221,608,352 120 1,875
CATG D1 EXCEPTION VALUES: 49,632,013 49,934,674
CATG J EXCEPTION VALUES: 5,275,220 5,549,113
Total Test Values 308,323,192 277,092,139

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,854,607

Confidence Interval Values(5)

Local Test Value: 308,323,192 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 263,237,532 (State Test Value minus Margin of Error Percent)
State Upper Limit: 290,946,746 (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