taxes Property Tax Assistance

2020 Confidence Interval Detail

Parmer County
185-902/Farwell ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 9,054,876 1.0451 8,664,124 10 196 0.029780638
A 9,989,429 1.0874 9,186,527 11 117 0.057772812
A 10,012,395 1.0060 9,952,679 10 78 0.034615703
A 11,105,011 1.0804 10,278,611 10 58 0.033936149
E 35,968,319 1.0663 33,731,894 18 382 0.033590249
L1 4,525,879 0.9706 4,662,970 9 44 0.009776431
Random Totals: 80,655,909 76,476,805 68 875
CATG D1 EXCEPTION VALUES: 14,595,686 11,299,590
CATG J EXCEPTION VALUES: 22,424,750 28,823,232
Total Test Values 117,676,345 116,599,627

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,829,981

Confidence Interval Values(5)

Local Test Value: 117,676,345 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 110,769,646 (State Test Value minus Margin of Error Percent)
State Upper Limit: 122,429,608 (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