taxes Property Tax Assistance

2023 Confidence Interval Detail

Wichita County
243-902/Electra ISD

Category Summary

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

Stratum
Variance
A 15,725,521 0.8653 18,173,490 11 445 0.119974224
A 19,837,213 0.9287 21,360,195 13 285 0.024302493
A 25,294,952 1.1067 22,856,196 12 221 0.034688263
A 29,320,218 1.1224 26,122,789 12 130 0.025276095
E 16,800,469 0.9702 17,316,501 20 96 0.150849561
G1 16,527,170 0.9951 16,608,552 9 85 0.000541760
G1 16,863,120 0.9941 16,963,203 8 26 0.000233436
G1 19,574,360 1.0039 19,498,317 5 9 0.000534564
Random Totals: 159,943,023 158,899,243 90 1,297
CATG D1 EXCEPTION VALUES: 13,986,969 12,437,900
CATG G1 EXCEPTION VALUES: 12,303,454 12,671,126
CATG J EXCEPTION VALUES: 3,314,560 3,334,709
Total Test Values 189,548,006 187,342,978

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,367,149

Confidence Interval Values(5)

Local Test Value: 189,548,006 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 177,975,829 (State Test Value minus Margin of Error Percent)
State Upper Limit: 196,710,127 (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