taxes Property Tax Assistance

2024 Confidence Interval Detail

Sherman County
171-902/Sunray 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
D2 0 3,366,140 1.0169 3,310,198 4 6 0.005417882
E 0 9,321,520 1.1168 8,346,633 10 81 0.172069371
G1 2 3,925,170 1.0055 3,903,700 8 30 0.000080787
G1 3 4,069,130 1.0005 4,067,096 7 17 0.000032062
G1 4 3,739,340 1.0071 3,712,978 5 10 0.000045658
G1 5 3,709,170 1.0225 3,627,550 4 6 0.000577789
Random Totals: 28,130,470 26,968,155 38 150
CATG D1 EXCEPTION VALUES: 22,365,942 22,063,595
CATG J EXCEPTION VALUES: 1,769,970 1,861,878
Total Test Values 52,266,382 50,893,628

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,544,681

Confidence Interval Values(5)

Local Test Value: 52,266,382 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 48,348,947 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,438,309 (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