taxes Property Tax Assistance

2018 Confidence Interval Detail

165/Midland
165-902/Greenwood ISD

Category Summary

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

Stratum
Variance
A 124,793,270 0.8837 141,216,782 23 747 .029916531
A 129,790,625 0.8950 145,017,458 41 454 .024916604
A 140,014,737 1.0003 139,972,745 44 362 .017913093
A 185,912,134 1.0093 184,199,083 48 322 .010290765
E 74,234,800 0.9702 76,514,945 17 554 .121842676
G1 121,729,915 1.0148 119,954,587 10 118 .000758485
G1 120,728,810 1.0146 118,991,534 7 18 .000427283
G1 140,726,708 1.0170 138,374,344 4 7 .000688668
Random Totals: 1,037,930,999   1,064,241,478 194 2,582  
Catg J Exception Values: 24,920,070   27,918,804      
Catg D1 Exception Values: 4,816,540   4,561,896      
Catg G1 Exception Values: 89,561,770   88,945,062      
Total Test Values (4): 1,157,229,379   1,185,667,240      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 59,283,362

Confidence Interval Values (5)

State Lower Limit: 1,126,383,878 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,157,229,379 (Within Confidence Interval)
State Upper Limit: 1,244,950,602 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,775,925,762 (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