taxes Property Tax Assistance

2025 Confidence Interval Detail

Cherokee County
037-909/Wells 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 9,165,300 0.7866 11,651,793 13 146 821,262,387
A 3 8,975,240 0.9606 9,343,369 12 79 1,226,292,584
A 4 9,903,470 0.9858 10,046,125 11 54 2,725,818,534
A 5 8,177,930 1.0220 8,001,888 10 27 12,107,894,191
E 0 72,528,098 1.0323 70,258,741 20 547 17,547,139,000
Random Totals: 108,750,038 109,301,916 66 853
CATG D1 EXCEPTION VALUES: 7,556,049 6,738,843
CATG J EXCEPTION VALUES: 2,238,737 2,436,606
Total Test Values 118,544,824 118,477,365

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,923,868

Confidence Interval Values(5)

Local Test Value: 118,544,824 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 112,553,497 (State Test Value minus Margin of Error Percent)
State Upper Limit: 124,401,233 (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