taxes Property Tax Assistance

2016 Confidence Interval Detail

038/Childress
044-902/Wellington ISD

Category Summary

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

Stratum
Variance
E 1,516,232 1.0417 1,455,536 10 75 .009542222
Random Totals: 1,516,232   1,455,536 10 75  
Catg J Exception Values: 640,460   558,344      
Catg D1 Exception Values: 10,141,364   9,859,405      
Total Test Values (4): 12,298,056   11,873,285      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 593,664

Confidence Interval Values (5)

State Lower Limit: 11,279,621 (State Test Value minus Margin of Error Percent)
Local Test Value: 12,298,056 (Within Confidence Interval)
State Upper Limit: 12,466,949 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 21,165,861 (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