taxes Property Tax Assistance

2024 Confidence Interval Detail

Ward County
238-902/Monahans-Wickett-Pyote 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 2 107,104,520 0.9117 117,477,811 11 1,282 0.006299608
A 3 102,896,690 0.8805 116,861,658 13 682 0.022199031
A 4 109,389,240 0.8736 125,216,621 12 487 0.038172864
A 5 110,085,680 0.9669 113,854,256 11 295 0.042305447
G1 2 753,796,288 0.9976 755,609,751 10 207 0.000201681
G1 3 749,569,627 1.0010 748,820,806 10 94 0.000146883
G1 4 751,084,045 1.0005 750,708,691 9 55 0.000214716
G1 5 741,455,929 1.0016 740,271,495 8 26 0.000258377
Random Totals: 3,425,382,019 3,468,821,089 84 3,128
CATG D1 EXCEPTION VALUES: 434,332 346,597
CATG J EXCEPTION VALUES: 120,574,735 117,368,826
Total Test Values 3,546,391,086 3,586,536,512

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 179,326,826

Confidence Interval Values(5)

Local Test Value: 3,546,391,086 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,407,209,686 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,765,863,338 (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