taxes Property Tax Assistance

2016 Confidence Interval Detail

038/Childress
038-901/Childress ISD

Category Summary

(1)
Category		 (1)
Local
Value		 (1)
Stratum
Ratio		 (1)
State
Value		 (2)
Sample
Size		 (3)
Total
Parcels
Stratum
Variance
A 22,289,110 0.8039 27,726,222 10 783 .067201935
A 22,511,215 0.9217 24,423,581 10 407 .035579895
A 22,351,471 1.0175 21,967,048 10 267 .007257696
A 22,475,164 1.0528 21,347,990 10 153 .013979810
E 25,425,327 0.9574 26,556,640 14 671 .019647598
F1 9,133,871 0.8922 10,237,470 9 127 .099756659
F1 8,780,103 0.9006 9,749,171 8 31 .123912287
F1 12,730,030 0.9140 13,927,823 5 14 .070825653
L1 6,684,828 0.9474 7,055,972 9 84 .022072808
L1 6,244,070 0.9639 6,477,923 6 13 .001807289
L1 5,401,953 0.9643 5,601,942 2 3 .001550670
Random Totals: 164,027,142   175,071,782 93 2,553  
Catg J Exception Values: 27,405,910   25,522,639      
Catg D1 Exception Values: 24,923,163   26,672,530      
Catg F1 Exception Values: 9,040,720   8,630,800      
Catg L1 Exception Values: 20,422,585   20,351,843      
Total Test Values (4): 245,819,520   256,249,594      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,812,479

Confidence Interval Values (5)

State Lower Limit: 243,437,115 (State Test Value minus Margin of Error Percent)
Local Test Value: 245,819,520 (Within Confidence Interval)
State Upper Limit: 269,062,073 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 389,565,272 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories