taxes Property Tax Assistance

2024 Confidence Interval Detail

Sherman County
211-902/Stratford 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 21,202,030 0.8828 24,016,799 13 259 0.060987113
A 3 21,396,150 1.0135 21,111,149 13 173 0.049335886
A 4 22,017,490 0.9053 24,320,656 12 134 0.017117567
A 5 22,746,730 0.9544 23,833,539 12 74 0.042474902
E 0 38,783,610 1.0901 35,578,030 16 323 0.086642029
G1 2 16,752,110 1.0034 16,695,346 10 142 0.000069082
G1 3 16,694,290 1.0016 16,667,622 9 71 0.000030037
G1 4 16,451,780 1.0030 16,402,572 9 41 0.000042847
G1 5 16,524,770 1.0064 16,419,684 7 21 0.000092290
Random Totals: 192,568,960 195,045,397 101 1,238
CATG D1 EXCEPTION VALUES: 117,617,120 114,411,576
CATG J EXCEPTION VALUES: 28,502,429 29,899,919
Total Test Values 338,688,509 339,356,892

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,967,845

Confidence Interval Values(5)

Local Test Value: 338,688,509 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 322,389,047 (State Test Value minus Margin of Error Percent)
State Upper Limit: 356,324,737 (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