taxes Property Tax Assistance

2019 Confidence Interval Detail

Gregg County
092-904/Pine Tree ISD

Category Summary

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

Stratum
Variance
A 232,950,691 0.9512 244,901,904 49 2267 0.014702589
A 241,957,233 1.0000 241,957,233 50 1664 0.013050751
A 241,295,980 1.0195 236,680,706 50 1293 0.007249819
A 247,829,556 1.0458 236,976,053 45 806 0.010538304
B 21,496,280 0.7317 29,378,543 10 244 0.034797572
B 21,464,830 0.9056 23,702,330 9 184 0.004504122
B 20,869,950 0.7142 29,221,437 12 78 0.128054712
B 8,939,390 0.4573 19,546,875 2 4 0.000188566
F1 49,629,940 0.6726 73,788,195 9 292 0.077927659
F1 49,211,568 0.9491 51,850,772 10 99 0.007197144
F1 54,577,120 0.8892 61,377,778 8 51 0.034696007
F1 47,866,780 0.9494 50,417,927 6 15 0.003651046
L1 39,479,855 1.1399 34,634,490 12 350 0.015986910
L1 40,536,490 1.0070 40,254,707 11 86 0.026637552
L1 45,247,130 1.0974 41,231,210 9 38 0.011293473
L1 55,334,520 1.0068 54,960,787 4 11 0.001484564
Random Totals: 1,418,687,313 1,470,880,947 296 7,482
CATG D1 EXCEPTION VALUES: 683,841 763,243
Total Test Values(1) 1,419,371,154 1,471,644,190

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 73,582,210

Confidence Interval Values(5)

Local Test Value: 1,419,371,154 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,398,061,980 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,545,226,400 (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