taxes Property Tax Assistance

2018 Confidence Interval Detail

185/Parmer
185-901/Bovina ISD

Category Summary

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

Stratum
Variance
A 6,075,554 0.8305 7,315,538 14 209 .020085265
A 6,626,195 0.8719 7,599,719 14 122 .013281727
A 6,243,106 0.8872 7,036,864 12 69 .009399937
A 5,996,961 0.9008 6,657,372 11 43 .005357424
E 14,612,946 0.9339 15,647,228 20 302 .011674432
L1 1,142,436 1.0312 1,107,870 8 30 .005870854
L1 898,054 0.9819 914,608 5 7 .001416682
L1 3,193,411 1.0250 3,115,523 2 5 .000061522
Random Totals: 44,788,663   49,394,722 86 787  
Catg J Exception Values: 21,064,910   22,084,083      
Catg D1 Exception Values: 17,725,345   12,244,115      
Total Test Values (4): 83,578,918   83,722,920      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,186,146

Confidence Interval Values (5)

State Lower Limit: 79,536,774 (State Test Value minus Margin of Error Percent)
Local Test Value: 83,578,918 (Within Confidence Interval)
State Upper Limit: 87,909,066 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 109,499,531 (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