taxes Property Tax Assistance

2021 Confidence Interval Detail

Wood County
250-905/Yantis ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 57,604,634 0.9106 63,260,086 18 395 0.067945616
A 64,431,030 0.9588 67,199,656 15 207 0.004567418
A 80,873,688 0.9771 82,769,100 17 185 0.001358315
A 105,766,123 0.9868 107,180,911 18 151 0.017169978
E 137,275,895 0.9775 140,435,698 28 1,188 0.004915181
G1 8,877,610 0.9619 9,229,244 7 22 0.000038617
Random Totals: 454,828,980 470,074,695 103 2,148
CATG D1 EXCEPTION VALUES: 4,151,905 3,190,578
CATG G1 EXCEPTION VALUES: 11,429,640 12,005,129
Total Test Values 470,410,525 485,270,402

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,263,520

Confidence Interval Values(5)

Local Test Value: 470,410,525 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 461,006,882 (State Test Value minus Margin of Error Percent)
State Upper Limit: 509,533,922 (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