taxes Property Tax Assistance

2024 Confidence Interval Detail

Winkler County
248-902/Wink-Loving 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
G1 2 426,344,250 1.0007 426,046,018 10 136 0.000084315
G1 3 422,095,796 0.9992 422,433,743 9 57 0.000167069
G1 4 423,942,275 1.0009 423,561,070 8 33 0.000095308
G1 5 418,647,719 0.9975 419,696,961 6 14 0.000100494
Random Totals: 1,691,030,040 1,691,737,792 33 240
CATG D1 EXCEPTION VALUES: 543,760 532,552
CATG J EXCEPTION VALUES: 15,122,530 16,321,016
Total Test Values 1,706,696,330 1,708,591,360

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 85,429,568

Confidence Interval Values(5)

Local Test Value: 1,706,696,330 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,623,161,792 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,794,020,928 (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