taxes Property Tax Assistance

2022 Confidence Interval Detail

Parmer County
185-902/Farwell ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 9,596,771 0.7527 12,749,795 14 190 0.158643041
A 10,355,051 0.9023 11,476,284 14 112 0.042731138
A 9,915,515 0.8972 11,051,622 13 71 0.019165133
A 9,283,000 0.8990 10,325,918 12 45 0.038885520
E 36,246,161 0.9716 37,305,641 20 380 0.050282102
Random Totals: 75,396,498 82,909,260 73 798
CATG D1 EXCEPTION VALUES: 11,588,216 11,063,181
CATG J EXCEPTION VALUES: 25,336,210 26,464,271
Total Test Values 112,320,924 120,436,712

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,021,836

Confidence Interval Values(5)

Local Test Value: 112,320,924 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 114,414,876 (State Test Value minus Margin of Error Percent)
State Upper Limit: 126,458,548 (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