taxes Property Tax Assistance

2023 Confidence Interval Detail

Wichita County
243-903/Iowa Park CISD

Category Summary

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

Stratum
Variance
A 122,538,875 1.0009 122,428,689 23 1,125 0.016752394
A 153,525,438 1.0123 151,660,020 42 931 0.015115868
A 144,330,979 1.0411 138,633,156 20 590 0.021979507
A 210,853,321 0.9906 212,854,150 15 553 0.003916043
E 106,798,154 1.0864 98,304,634 20 517 0.112539896
G1 8,940,050 0.9955 8,980,462 9 47 0.000116654
G1 8,888,900 0.9917 8,963,295 7 18 0.000393408
G1 9,287,180 0.9972 9,313,257 5 7 0.000535845
Random Totals: 765,162,897 751,137,663 141 3,788
CATG D1 EXCEPTION VALUES: 10,723,391 9,699,248
CATG G1 EXCEPTION VALUES: 26,546,387 27,281,996
CATG J EXCEPTION VALUES: 2,331,130 2,367,297
Total Test Values 804,763,805 790,486,204

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,524,310

Confidence Interval Values(5)

Local Test Value: 804,763,805 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 750,961,894 (State Test Value minus Margin of Error Percent)
State Upper Limit: 830,010,514 (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