taxes Property Tax Assistance

2017 Confidence Interval Detail

243/Wichita
243-901/Burkburnett ISD

Category Summary

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

Stratum
Variance
A 125,566,789 0.9825 127,803,348 36 1,815 .016599304
A 127,701,333 0.9883 129,213,127 72 1,161 .009481818
A 121,971,008 0.9903 123,165,715 44 868 .006972802
A 145,454,750 0.9871 147,355,638 40 682 .014078958
F1 9,558,324 0.9383 10,186,853 9 117 .011812758
F1 10,221,577 0.9316 10,972,066 9 42 .007532860
F1 9,273,993 0.9637 9,623,319 7 15 .008248340
F1 17,182,751 0.9834 17,472,799 4 9 .030248641
L1 9,897,355 1.0545 9,385,827 12 123 .055769003
L1 8,992,901 0.9691 9,279,642 8 26 .060743258
L1 8,432,906 1.1949 7,057,416 6 8 .093394074
L1 11,819,116 1.0322 11,450,413 2 4 .003412741
Random Totals: 606,072,803   612,966,163 249 4,870  
Catg J Exception Values: 6,503,536   6,017,645      
Catg D1 Exception Values: 10,843,124   10,936,773      
Total Test Values (4): 623,419,463   629,920,581      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,496,029

Confidence Interval Values (5)

State Lower Limit: 598,424,552 (State Test Value minus Margin of Error Percent)
Local Test Value: 623,419,463 (Within Confidence Interval)
State Upper Limit: 661,416,610 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 760,647,597 (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, 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
(6) Includes local value of unstudied property categories and sub-categories