taxes Property Tax Assistance

2018 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 689,515,558 1.0016 688,414,095 15 212 .002012192
G1 693,653,790 0.9937 698,051,515 15 89 .003371844
G1 696,677,932 1.0061 692,453,963 15 48 .000560996
G1 672,102,350 0.9999 672,169,567 15 18 .000413722
Random Totals: 2,751,949,630   2,751,089,140 60 367  
Catg J Exception Values: 19,227,770   21,716,725      
Catg D1 Exception Values: 494,200   596,340      
Total Test Values (4): 2,771,671,600   2,773,402,205      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 138,670,110

Confidence Interval Values (5)

State Lower Limit: 2,634,732,095 (State Test Value minus Margin of Error Percent)
Local Test Value: 2,771,671,600 (Within Confidence Interval)
State Upper Limit: 2,912,072,315 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,670,742,511 (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