taxes Property Tax Assistance

2019 Confidence Interval Detail

Floyd County
077-901/Floydada ISD

Category Summary

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

Stratum
Variance
A 11,330,020 0.8093 13,999,778 15 529 0.171182426
A 11,237,320 0.9038 12,433,414 15 243 0.015786147
A 11,124,440 0.8893 12,509,209 15 145 0.018598148
A 11,119,490 0.8535 13,028,108 17 91 0.028754770
E 18,706,311 0.8226 22,740,470 22 509 0.033164566
Random Totals: 63,517,581 74,710,979 84 1,517
CATG D1 EXCEPTION VALUES: 67,688,850 52,548,880
CATG J EXCEPTION VALUES: 17,061,315 17,443,074
Total Test Values(2) 148,267,746 144,702,933

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,235,147

Confidence Interval Values(5)

Local Test Value: 148,267,746 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 137,467,786 (State Test Value minus Margin of Error Percent)
State Upper Limit: 151,938,080 (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