taxes Property Tax Assistance

2023 Confidence Interval Detail

Cottle County
051-901/Paducah ISD

Category Summary

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

Stratum
Variance
A 4,575,890 0.9397 4,869,522 12 189 0.051681455
A 5,269,730 0.8362 6,301,997 14 125 0.044041443
A 7,884,000 0.9498 8,300,695 13 127 0.056029106
A 9,051,970 1.1718 7,724,842 12 72 0.109659099
E 21,734,380 0.9255 23,483,933 20 375 0.049655548
G1 39,527,590 1.0341 38,224,147 8 38 0.007793678
Random Totals: 88,043,560 88,905,136 79 926
CATG D1 EXCEPTION VALUES: 19,722,619 15,891,369
CATG J EXCEPTION VALUES: 15,346,930 15,456,376
Total Test Values 123,113,109 120,252,881

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,012,644

Confidence Interval Values(5)

Local Test Value: 123,113,109 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 114,240,237 (State Test Value minus Margin of Error Percent)
State Upper Limit: 126,265,525 (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