taxes Property Tax Assistance

2016 Confidence Interval Detail

230/Upshur
092-901/Gladewater ISD

Category Summary

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

Stratum
Variance
A 22,167,924 0.9609 23,069,959 10 406 .057218606
A 23,622,248 0.9842 24,001,471 11 229 .041916024
A 22,601,570 0.9805 23,051,066 9 165 .011837082
A 24,403,942 0.9365 26,058,667 9 105 .009060919
E 35,823,273 0.9095 39,387,876 16 581 .016601556
G1 1,533,507 1.0133 1,513,379 10 34 .199668631
G1 1,559,288 1.1066 1,409,080 5 10 .012831918
G1 1,929,444 1.0016 1,926,362 3 5 .000968192
Random Totals: 133,641,196   140,417,860 73 1,535  
Catg D1 Exception Values: 1,354,948   1,323,564      
Catg G1 Exception Values: 3,264,899   3,174,601      
Total Test Values (4): 138,261,043   144,916,025      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,245,801

Confidence Interval Values (5)

State Lower Limit: 137,670,224 (State Test Value minus Margin of Error Percent)
Local Test Value: 138,261,043 (Within Confidence Interval)
State Upper Limit: 152,161,826 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 120,855,546 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories