taxes Property Tax Assistance

2023 Confidence Interval Detail

Terry County
223-902/Meadow ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2,350,121 0.5133 4,578,455 11 55 0.124292996
A 1,249,906 0.7853 1,591,629 8 12 0.055611997
A 2,987,206 0.8870 3,367,763 9 23 0.045416235
A 4,705,465 0.8582 5,482,947 8 26 0.027664041
E 12,385,658 0.7608 16,279,782 16 168 0.095415027
G1 10,746,687 1.0058 10,684,716 8 24 0.000145378
Random Totals: 34,425,043 41,985,292 60 308
CATG D1 EXCEPTION VALUES: 10,093,486 9,033,758
CATG G1 EXCEPTION VALUES: 3,077,731 3,042,747
CATG J EXCEPTION VALUES: 10,412,130 10,473,830
Total Test Values 58,008,390 64,535,627

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,226,781

Confidence Interval Values(5)

Local Test Value: 58,008,390 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 61,308,846 (State Test Value minus Margin of Error Percent)
State Upper Limit: 67,762,408 (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