taxes Property Tax Assistance

2024 Confidence Interval Detail

Reeves County
195-902/Balmorhea 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 86,872,823 0.9995 86,916,281 9 49 0.000195614
G1 3 84,805,422 1.0091 84,040,652 8 25 0.000243717
G1 4 83,231,720 1.0092 82,472,969 6 15 0.000195483
G1 5 84,559,055 0.9836 85,968,946 3 4 0.000074971
Random Totals: 339,469,020 339,398,848 26 93
CATG D1 EXCEPTION VALUES: 1,691,927 1,553,924
CATG J EXCEPTION VALUES: 22,276,412 22,842,718
Total Test Values 363,437,359 363,795,490

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 18,189,775

Confidence Interval Values(5)

Local Test Value: 363,437,359 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 345,605,715 (State Test Value minus Margin of Error Percent)
State Upper Limit: 381,985,265 (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