taxes Property Tax Assistance

2016 Confidence Interval Detail

151/Loving
248-902/Wink-Loving ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
G1 211,645,344 1.0058 210,424,880 16 192 .017506827
G1 213,709,440 0.9927 215,280,991 16 62 .010279249
G1 212,711,850 1.0232 207,888,829 14 28 .004342503
G1 205,292,070 0.9990 205,497,568 7 10 .068271148
Random Totals: 843,358,704   839,092,268 53 292  
Catg J Exception Values: 15,555,840   17,114,368      
Catg D1 Exception Values: 452,430   452,085      
Total Test Values (4): 859,366,974   856,658,721      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 42,832,936

Confidence Interval Values (5)

State Lower Limit: 813,825,785 (State Test Value minus Margin of Error Percent)
Local Test Value: 859,366,974 (Within Confidence Interval)
State Upper Limit: 899,491,657 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,289,857,218 (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