taxes Property Tax Assistance

2024 Confidence Interval Detail

Ward County
238-904/Grandfalls-Royalty 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 3,093,540 0.7785 3,973,719 12 77 0.047820646
A 3 3,869,390 0.8943 4,326,725 8 43 0.023396245
A 4 2,818,520 0.8025 3,512,174 7 20 0.095096577
A 5 4,550,240 0.9933 4,580,932 7 19 0.042259729
G1 2 9,772,370 0.9957 9,814,573 9 47 0.000228377
G1 3 11,042,180 0.9912 11,140,214 6 11 0.000161486
Random Totals: 35,146,240 37,348,337 49 217
CATG D1 EXCEPTION VALUES: 232,423 183,382
CATG G1 EXCEPTION VALUES: 29,418,050 29,569,928
CATG J EXCEPTION VALUES: 17,929,180 18,477,209
Total Test Values 82,725,893 85,578,856

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,278,943

Confidence Interval Values(5)

Local Test Value: 82,725,893 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 81,299,913 (State Test Value minus Margin of Error Percent)
State Upper Limit: 89,857,799 (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