taxes Property Tax Assistance

2023 Confidence Interval Detail

Wheeler County
242-906/Fort Elliott CISD

Category Summary

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

Stratum
Variance
G1 97,056,650 0.9980 97,251,152 10 215 0.000055622
G1 96,874,820 1.0137 95,565,572 9 85 0.000524712
G1 97,017,840 1.0041 96,621,691 9 52 0.000196192
G1 96,756,456 1.0009 96,669,453 8 29 0.000054298
Random Totals: 387,705,766 386,107,868 36 381
CATG D1 EXCEPTION VALUES: 13,577,132 9,715,704
CATG J EXCEPTION VALUES: 8,528,660 8,384,788
Total Test Values 409,811,558 404,208,360

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,210,418

Confidence Interval Values(5)

Local Test Value: 409,811,558 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 383,997,942 (State Test Value minus Margin of Error Percent)
State Upper Limit: 424,418,778 (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