taxes Property Tax Assistance

2024 Confidence Interval Detail

Terry County
223-902/Meadow 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 3,423,502 0.6780 5,049,413 13 61 0.097538281
A 3 1,004,655 0.8629 1,164,277 7 8 0.024678888
A 4 3,249,416 0.8987 3,615,685 12 22 0.017635628
A 5 5,619,198 0.9448 5,947,500 17 27 0.085032548
E 0 15,248,643 0.9389 16,240,966 19 167 0.145949279
G1 2 10,482,894 0.9934 10,552,541 7 22 0.000090890
Random Totals: 39,028,308 42,570,382 75 307
CATG D1 EXCEPTION VALUES: 5,428,295 4,497,141
CATG G1 EXCEPTION VALUES: 3,679,892 3,720,079
CATG J EXCEPTION VALUES: 11,105,202 11,443,806
Total Test Values 59,241,697 62,231,408

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,111,570

Confidence Interval Values(5)

Local Test Value: 59,241,697 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 59,119,838 (State Test Value minus Margin of Error Percent)
State Upper Limit: 65,342,978 (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