taxes Property Tax Assistance

2021 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 1,213,000 0.7361 1,647,874 10 72 0.055298034
A 1,806,390 0.6936 2,604,369 8 45 0.010908646
A 1,270,840 0.8303 1,530,579 6 13 0.013626386
A 1,037,390 0.9669 1,072,903 4 5 0.082403990
E 5,585,470 0.9447 5,912,427 19 78 0.113646988
G1 2,934,640 0.9776 3,001,882 9 43 0.000781026
G1 3,045,810 0.9819 3,101,955 5 10 0.001335352
G1 3,211,260 0.9771 3,286,521 4 5 0.000152503
G1 2,332,120 0.9876 2,361,287 2 2 0.001440978
Random Totals: 22,436,920 24,519,797 67 273
CATG D1 EXCEPTION VALUES: 11,197,251 9,584,951
Total Test Values 33,634,171 34,104,748

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,705,237

Confidence Interval Values(5)

Local Test Value: 33,634,171 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 32,399,511 (State Test Value minus Margin of Error Percent)
State Upper Limit: 35,809,985 (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