taxes Property Tax Assistance

2023 Confidence Interval Detail

Wise County
249-901/Alvord ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 35,167,093 1.0000 35,167,093 10 249 0.023610347
A 42,461,949 1.0461 40,590,717 10 200 0.007142275
A 63,866,122 0.9371 68,152,942 10 218 0.018147136
A 90,008,804 1.0006 89,954,831 10 187 0.006207438
E 270,434,904 1.0191 265,366,406 20 1,024 0.017415924
F1 8,706,761 0.9667 9,006,684 9 43 0.008597258
F1 5,828,271 1.0407 5,600,337 6 12 0.002234206
F1 15,883,523 0.9902 16,040,722 6 17 0.013778212
F1 6,814,112 1.0932 6,233,076 3 5 0.002477917
G1 19,018,237 0.9991 19,035,369 9 63 0.000314684
G1 19,146,320 0.9959 19,225,143 7 21 0.000123090
G1 19,761,551 1.0022 19,718,171 6 13 0.000574893
G1 17,271,207 0.9879 17,482,748 5 8 0.000245101
Random Totals: 614,368,854 611,574,239 111 2,060
CATG D1 EXCEPTION VALUES: 2,795,205 1,178,236
CATG J EXCEPTION VALUES: 3,566,524 3,742,990
Total Test Values 620,730,583 616,495,465

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 30,824,773

Confidence Interval Values(5)

Local Test Value: 620,730,583 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 585,670,692 (State Test Value minus Margin of Error Percent)
State Upper Limit: 647,320,238 (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