taxes Property Tax Assistance

2022 Confidence Interval Detail

Floyd County
077-901/Floydada ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 11,808,590 0.6703 17,616,873 15 521 0.241274408
A 11,503,680 0.8080 14,237,228 16 239 0.044060565
A 11,940,030 0.8009 14,908,266 15 151 0.051722606
A 13,735,800 0.9511 14,442,015 15 107 0.011109595
E 25,626,491 0.7992 32,065,179 20 506 0.064418019
Random Totals: 74,614,591 93,269,561 81 1,524
CATG D1 EXCEPTION VALUES: 41,025,830 39,129,927
CATG J EXCEPTION VALUES: 49,568,130 52,882,621
Total Test Values 165,208,551 185,282,109

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,264,105

Confidence Interval Values(5)

Local Test Value: 165,208,551 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 176,018,004 (State Test Value minus Margin of Error Percent)
State Upper Limit: 194,546,214 (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