taxes Property Tax Assistance

2021 Confidence Interval Detail

Smith County
092-901/Gladewater ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 11,808,056 0.8468 13,944,327 12 207 0.060830742
A 13,542,847 0.9106 14,872,443 12 120 0.028142794
A 13,622,771 0.9656 14,108,089 12 80 0.016470127
A 18,278,934 0.9200 19,868,407 11 73 0.024661104
E 58,562,386 0.9806 59,720,973 21 509 0.022367875
F1 3,120,933 0.9988 3,124,683 7 12 0.006984013
Random Totals: 118,935,927 125,638,922 75 1,001
CATG D1 EXCEPTION VALUES: 4,055,407 3,727,357
CATG J EXCEPTION VALUES: 249,188 276,738
Total Test Values 123,240,522 129,643,017

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,482,151

Confidence Interval Values(5)

Local Test Value: 123,240,522 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 123,160,866 (State Test Value minus Margin of Error Percent)
State Upper Limit: 136,125,168 (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