taxes Property Tax Assistance

2023 Confidence Interval Detail

Cherokee County
037-909/Wells ISD

Category Summary

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

Stratum
Variance
A 5,670,940 0.7405 7,658,258 13 127 0.086497232
A 7,499,030 0.9826 7,631,824 12 91 0.024615315
A 6,747,410 1.0601 6,364,881 12 51 0.034895293
A 11,028,190 1.1222 9,827,295 12 48 0.035509790
E 57,524,380 0.9014 63,816,707 20 516 0.029872255
G1 3,487,612 1.1654 2,992,631 8 37 0.091378022
G1 3,560,550 1.0231 3,480,158 6 15 0.003066355
G1 3,239,564 1.0094 3,209,396 5 8 0.001119594
G1 3,206,379 1.0163 3,154,953 3 4 0.001958368
Random Totals: 101,964,055 108,136,103 91 897
CATG D1 EXCEPTION VALUES: 7,647,990 6,987,977
CATG J EXCEPTION VALUES: 167,968 192,915
Total Test Values 109,780,013 115,316,995

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,765,850

Confidence Interval Values(5)

Local Test Value: 109,780,013 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 109,551,145 (State Test Value minus Margin of Error Percent)
State Upper Limit: 121,082,845 (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