taxes Property Tax Assistance

2018 Confidence Interval Detail

211/Sherman
211-901/Texhoma ISD

Category Summary

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

Stratum
Variance
A 2,305,230 0.8412 2,740,407 11 62 .114418480
A 2,261,190 0.9026 2,505,196 8 32 .051616995
A 2,293,750 0.7759 2,956,244 9 21 .053809165
A 2,123,560 0.9976 2,128,669 6 13 .028360473
E 5,756,270 0.7787 7,392,154 14 97 .232566330
G1 4,436,550 1.0228 4,337,652 13 74 .047525712
G1 4,264,500 1.0474 4,071,510 10 30 .019235152
G1 4,699,900 1.0114 4,646,925 8 16 .001596772
G1 3,926,290 0.9507 4,129,894 4 5 .005070612
Random Totals: 32,067,240   34,908,651 83 350  
Catg D1 Exception Values: 30,730,350   39,740,096      
Total Test Values (4): 62,797,590   74,648,747      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,732,437

Confidence Interval Values (5)

Local Test Value: 62,797,590 (Outside Confidence Interval)
State Lower Limit: 70,916,310 (State Test Value minus Margin of Error Percent)
State Upper Limit: 78,381,184 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 102,961,632 (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