taxes Property Tax Assistance

2017 Confidence Interval Detail

243/Wichita
243-902/Electra ISD

Category Summary

(1)
Category		 (1)
Local
Value		 (1)
Stratum
Ratio		 (1)
State
Value		 (2)
Sample
Size		 (3)
Total
Parcels
Stratum
Variance
A 11,960,423 0.9127 13,104,441 12 567 .017695779
A 12,238,882 1.0614 11,530,886 10 271 .007834247
A 11,947,553 1.0115 11,811,718 9 154 .002311740
A 12,713,566 0.9942 12,787,735 9 90 .003942507
G1 11,918,320 0.9806 12,154,110 11 99 .028596597
G1 12,000,660 1.0059 11,930,271 9 29 .000593211
G1 16,582,696 1.0330 16,052,949 5 8 .001465084
L1 1,687,518 1.0770 1,566,869 9 35 .068866850
L1 1,638,652 0.9667 1,695,099 6 13 .053572557
L1 2,759,154 1.0095 2,733,189 4 8 .000853989
L1 1,129,067 1.1240 1,004,508 2 2 .010070237
Random Totals: 96,576,491   96,371,775 86 1,276  
Catg J Exception Values: 1,737,510   1,743,980      
Catg D1 Exception Values: 13,448,653   13,611,773      
Catg G1 Exception Values: 6,854,100   6,783,492      
Catg L1 Exception Values: 2,663,166   1,929,136      
Total Test Values (4): 121,279,920   120,440,156      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,022,007

Confidence Interval Values (5)

State Lower Limit: 114,418,149 (State Test Value minus Margin of Error Percent)
Local Test Value: 121,279,920 (Within Confidence Interval)
State Upper Limit: 126,462,163 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 162,801,050 (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