taxes Property Tax Assistance

2018 Confidence Interval Detail

165/Midland
165-901/Midland ISD

Category Summary

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

Stratum
Variance
A 2,107,937,178 0.9257 2,277,127,771 216 14,628 .022841408
A 2,228,794,589 0.9514 2,342,647,245 226 9,557 .013657709
A 2,315,811,254 0.9485 2,441,551,138 210 6,974 .014808136
A 2,744,939,774 0.9499 2,889,714,469 176 4,459 .020133075
B 135,487,227 0.7450 181,862,050 9 143 .065545728
B 199,278,343 0.7350 271,126,997 6 22 .053557163
B 211,092,471 0.5236 403,155,980 6 14 .099507138
E 352,601,909 0.9870 357,246,108 14 1,811 .157399962
F1 637,786,071 0.9924 642,670,366 15 1,674 .002671406
F1 586,011,730 0.9863 594,151,607 15 392 .002912516
F1 754,309,796 0.9761 772,779,219 15 179 .001841697
F1 654,750,623 0.9701 674,931,062 15 42 .003263263
G1 1,357,055,200 1.0578 1,282,903,384 12 315 .013683483
G1 1,379,147,372 0.9958 1,384,964,222 10 72 .002328600
G1 1,389,336,131 0.9991 1,390,587,660 8 21 .001228533
G1 1,278,481,350 0.9887 1,293,093,304 4 6 .005798600
L1 297,495,180 1.0337 287,796,440 10 1,999 .001299193
L1 289,990,140 0.9952 291,388,806 10 339 .002766296
L1 287,705,435 0.9806 293,397,343 9 118 .001546865
L1 476,299,110 1.0450 455,788,622 9 55 .026916332
Random Totals: 19,684,310,883   20,528,883,793 995 42,820  
Catg J Exception Values: 192,607,150   217,004,542      
Catg D1 Exception Values: 10,439,300   10,711,134      
Catg B Exception Values: 214,644,830   253,184,592      
Total Test Values (4): 20,102,002,163   21,009,784,061      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,050,489,203

Confidence Interval Values (5)

State Lower Limit: 19,959,294,858 (State Test Value minus Margin of Error Percent)
Local Test Value: 20,102,002,163 (Within Confidence Interval)
State Upper Limit: 22,060,273,264 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 24,777,590,496 (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