taxes Property Tax Assistance

2022 Confidence Interval Detail

Terry County
223-902/Meadow ISD

Category Summary

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

Stratum
Variance
A 2,463,329 0.8450 2,915,182 10 60 0.007219939
A 1,642,957 0.9516 1,726,521 7 16 0.013291733
A 2,437,819 0.9533 2,557,242 9 20 0.011409089
A 3,506,136 0.8733 4,014,813 10 21 0.010990231
E 10,258,107 0.9135 11,229,455 19 164 0.086011169
G1 6,764,908 1.0237 6,608,291 7 22 0.000234298
Random Totals: 27,073,256 29,051,504 62 303
CATG D1 EXCEPTION VALUES: 11,834,753 9,081,360
CATG G1 EXCEPTION VALUES: 5,017,606 4,866,272
CATG J EXCEPTION VALUES: 1,618,357 769,342
Total Test Values 45,543,972 43,768,478

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,188,424

Confidence Interval Values(5)

Local Test Value: 45,543,972 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 41,580,054 (State Test Value minus Margin of Error Percent)
State Upper Limit: 45,956,902 (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