taxes Property Tax Assistance

2017 Confidence Interval Detail

243/Wichita
243-903/Iowa Park CISD

Category Summary

(1) Category	(1) Local Value	(1) Stratum Ratio	(1) State Value	(2) Sample Size	(3) Total Parcels	Stratum Variance
A	79,112,442	1.0071	78,554,704	27	1,225	.011098401
A	83,389,673	1.0087	82,670,440	31	857	.007957648
A	78,460,523	0.9807	80,004,612	21	552	.004767413
A	100,109,743	0.9580	104,498,688	24	450	.007588747
E	54,397,734	0.9714	55,999,314	13	632	.014076887
G1	8,182,650	0.9749	8,393,322	8	56	.014863369
G1	8,382,770	1.0132	8,273,559	6	17	.011127692
G1	7,430,041	1.0323	7,197,560	3	5	.000166169
G1	7,912,338	1.0214	7,746,562	2	3	.001935554
Random Totals:	427,377,914		433,338,761	135	3,797
Catg J Exception Values:	1,867,230		1,669,579
Catg D1 Exception Values:	10,069,140		10,201,526
Catg G1 Exception Values:	10,161,484		9,691,282
Total Test Values (4):	449,475,768		454,901,148

Margin of Error

Margin of Error Percent:	5.0000000
Margin of Error Value:	22,745,057

Confidence Interval Values (5)

State Lower Limit:	432,156,091	(State Test Value minus Margin of Error Percent)
Local Test Value:	449,475,768	(Within Confidence Interval)
State Upper Limit:	477,646,205	(State Test Value plus Margin of Error Percent)
Value Assigned (6):	544,851,430	(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