taxes Property Tax Assistance

2021 Confidence Interval Detail

Wise County
249-906/Paradise ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 62,878,920 0.9635 65,260,944 12 418 0.018361289
A 82,629,522 1.0063 82,112,215 15 338 0.006088066
A 75,520,647 1.0079 74,928,710 16 231 0.003993657
A 145,181,774 1.0266 141,420,002 29 333 0.005256867
E 187,751,804 0.9551 196,578,164 19 894 0.033439424
G1 10,042,285 1.0948 9,172,712 9 74 0.023092737
G1 9,775,992 1.0023 9,753,559 7 22 0.017117436
G1 10,128,286 1.0334 9,800,935 6 14 0.008786271
G1 9,547,803 1.0993 8,685,348 5 8 0.020305456
Random Totals: 593,457,033 597,712,589 118 2,332
CATG D1 EXCEPTION VALUES: 2,167,524 1,300,673
Total Test Values 595,624,557 599,013,262

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 29,950,663

Confidence Interval Values(5)

Local Test Value: 595,624,557 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 569,062,599 (State Test Value minus Margin of Error Percent)
State Upper Limit: 628,963,925 (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