taxes Property Tax Assistance

2019 Confidence Interval Detail

Archer County
252-903/Olney ISD

Category Summary

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

Stratum
Variance
A 297,640 0.7470 398,447 9 17 0.063191172
E 1,122,990 0.8710 1,289,347 15 19 0.162133006
G1 4,705,180 1.0028 4,692,042 9 41 0.000578673
G1 4,711,760 1.0279 4,583,870 5 10 0.002025343
G1 5,340,500 1.0056 5,310,760 5 7 0.001015716
Random Totals: 16,178,070 16,274,466 43 94
CATG A EXCEPTION VALUES: 1,783,070 1,804,352
CATG D1 EXCEPTION VALUES: 11,132,410 8,561,504
CATG G1 EXCEPTION VALUES: 3,821,430 3,892,087
Total Test Values(3) 32,914,980 30,532,409

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,526,620

Confidence Interval Values(5)

Local Test Value: 32,914,980 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 29,005,789 (State Test Value minus Margin of Error Percent)
State Upper Limit: 32,059,029 (State Test Value plus Margin of Error Percent)

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