taxes Property Tax Assistance

2022 Confidence Interval Detail

Midland County
165-901/Midland ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,017,533,791 0.9059 3,330,978,906 148 15,835 0.027089812
A 3,061,571,819 0.9862 3,104,412,714 150 10,605 0.010249940
A 3,269,952,762 0.9842 3,322,447,431 151 8,179 0.016239501
A 3,279,513,188 0.9676 3,389,327,396 149 4,349 0.017253100
B 236,192,907 0.9625 245,395,228 9 69 0.028738443
B 742,626,430 0.8445 879,368,182 7 36 0.018391848
B 1,324,834,598 0.8278 1,600,428,362 6 26 0.056952390
C1 56,946,660 0.6121 93,034,896 16 2,951 0.323453526
C1 66,765,050 0.5115 130,527,957 6 1,404 0.072070075
C1 65,264,480 0.5296 123,233,535 8 621 0.281196969
C1 65,430,800 0.7337 89,179,229 9 151 0.084563482
E 367,431,120 0.8026 457,801,047 17 2,046 0.079186015
F1 792,169,505 0.7023 1,127,964,552 13 1,789 0.218748140
F1 793,583,856 1.0387 764,016,421 9 457 0.001466351
F1 773,818,343 0.9583 807,490,705 11 157 0.007366229
F1 676,306,297 1.0031 674,216,227 7 30 0.002357503
G1 4,917,694,682 1.0053 4,891,768,310 11 622 0.000009192
G1 4,924,874,055 1.0050 4,900,372,194 9 222 0.000004303
G1 4,886,907,132 1.0021 4,876,666,133 9 86 0.000031100
G1 4,899,748,561 1.0002 4,898,768,807 8 29 0.000104612
L1 430,917,490 0.9303 463,202,720 11 2,787 0.037554996
L1 407,742,720 0.9898 411,944,554 10 369 0.002477857
L1 503,362,240 0.9635 522,430,970 10 134 0.005086018
L1 482,659,980 0.9861 489,463,523 8 34 0.004755553
Random Totals: 40,043,848,466 41,594,439,999 792 52,988
CATG B EXCEPTION VALUES: 169,286,334 176,093,376
CATG D1 EXCEPTION VALUES: 10,761,060 14,325,250
CATG J EXCEPTION VALUES: 395,797,780 422,993,958
Total Test Values 40,619,693,640 42,207,852,583

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,110,392,629

Confidence Interval Values(5)

Local Test Value: 40,619,693,640 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 40,097,459,954 (State Test Value minus Margin of Error Percent)
State Upper Limit: 44,318,245,212 (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