taxes Property Tax Assistance

2016 Confidence Interval Detail

185/Parmer
185-901/Bovina ISD

Category Summary

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

Stratum
Variance
A 5,808,292 0.7726 7,517,851 10 215 .024680705
A 4,666,912 0.9142 5,104,914 9 97 .028670321
A 5,336,071 1.0367 5,147,170 9 69 .021061135
A 8,047,723 1.0997 7,318,108 9 60 .005784886
E 12,131,527 0.9593 12,646,228 15 257 .082933328
L1 1,702,682 0.9813 1,735,129 7 27 .008468926
L1 508,286 1.0436 487,051 2 2 .001076789
L1 14,889,596 1.0144 14,678,229 2 4 .013145436
Random Totals: 53,091,089   54,634,680 63 731  
Catg J Exception Values: 18,251,840   17,502,563      
Catg D1 Exception Values: 16,419,680   17,131,233      
Total Test Values (4): 87,762,609   89,268,476      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,463,423

Confidence Interval Values (5)

State Lower Limit: 84,805,053 (State Test Value minus Margin of Error Percent)
Local Test Value: 87,762,609 (Within Confidence Interval)
State Upper Limit: 93,731,899 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 107,758,238 (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