taxes Property Tax Assistance

2024 Confidence Interval Detail

Wheeler County
242-903/Wheeler 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 11,660,400 0.7650 15,242,353 12 219 0.051269532
A 3 11,815,010 1.0226 11,553,892 11 113 0.035138013
A 4 13,580,520 1.0316 13,164,521 11 86 0.017585496
A 5 16,842,100 1.0518 16,012,645 10 67 0.009201695
E 0 28,823,550 0.6929 41,598,427 20 346 0.182888287
G1 2 20,319,080 0.9961 20,398,635 9 59 0.000062643
G1 3 20,376,050 1.0002 20,371,976 8 24 0.000023219
G1 4 23,227,510 1.0019 23,183,461 5 9 0.000224123
Random Totals: 146,644,220 161,525,910 86 923
CATG D1 EXCEPTION VALUES: 6,262,271 6,045,332
CATG G1 EXCEPTION VALUES: 15,356,720 15,226,544
CATG J EXCEPTION VALUES: 19,057,200 20,052,470
Total Test Values 187,320,411 202,850,256

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,142,513

Confidence Interval Values(5)

Local Test Value: 187,320,411 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 192,707,743 (State Test Value minus Margin of Error Percent)
State Upper Limit: 212,992,769 (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