taxes Property Tax Assistance

2017 Confidence Interval Detail

243/Wichita
243-901/Burkburnett ISD

Category Summary

(1) Category	(1) Local Value	(1) Stratum Ratio	(1) State Value	(2) Sample Size	(3) Total Parcels	Stratum Variance
A	125,566,789	0.9825	127,803,348	36	1,815	.016599304
A	127,701,333	0.9883	129,213,127	72	1,161	.009481818
A	121,971,008	0.9903	123,165,715	44	868	.006972802
A	145,454,750	0.9871	147,355,638	40	682	.014078958
F1	9,558,324	0.9383	10,186,853	9	117	.011812758
F1	10,221,577	0.9316	10,972,066	9	42	.007532860
F1	9,273,993	0.9637	9,623,319	7	15	.008248340
F1	17,182,751	0.9834	17,472,799	4	9	.030248641
L1	9,897,355	1.0545	9,385,827	12	123	.055769003
L1	8,992,901	0.9691	9,279,642	8	26	.060743258
L1	8,432,906	1.1949	7,057,416	6	8	.093394074
L1	11,819,116	1.0322	11,450,413	2	4	.003412741
Random Totals:	606,072,803		612,966,163	249	4,870
Catg J Exception Values:	6,503,536		6,017,645
Catg D1 Exception Values:	10,843,124		10,936,773
Total Test Values (4):	623,419,463		629,920,581

Margin of Error

Margin of Error Percent:	5.0000000
Margin of Error Value:	31,496,029

Confidence Interval Values (5)

State Lower Limit:	598,424,552	(State Test Value minus Margin of Error Percent)
Local Test Value:	623,419,463	(Within Confidence Interval)
State Upper Limit:	661,416,610	(State Test Value plus Margin of Error Percent)
Value Assigned (6):	760,647,597	(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, 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
(6) Includes local value of unstudied property categories and sub-categories