taxes Property Tax Assistance

2023 Confidence Interval Detail

Wood County
250-905/Yantis ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 87,181,896 0.9544 91,347,334 11 434 0.009493613
A 77,256,520 0.9549 80,905,351 10 189 0.027151586
A 99,303,369 0.9932 99,983,255 11 181 0.001133455
A 157,364,860 0.9751 161,383,304 10 181 0.007815293
E 187,892,733 1.0506 178,843,264 13 1,211 0.041069478
G1 18,699,259 1.0011 18,678,712 9 24 0.000101956
Random Totals: 627,698,637 631,141,220 64 2,220
CATG D1 EXCEPTION VALUES: 3,742,985 3,096,394
CATG G1 EXCEPTION VALUES: 15,387,470 15,488,826
Total Test Values 646,829,092 649,726,440

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,486,322

Confidence Interval Values(5)

Local Test Value: 646,829,092 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 617,240,118 (State Test Value minus Margin of Error Percent)
State Upper Limit: 682,212,762 (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