taxes Property Tax Assistance

2018 Confidence Interval Detail

038/Childress
038-901/Childress ISD

Category Summary

(1)
Category		 (1)
Local
Value		 (1)
Stratum
Ratio		 (1)
State
Value		 (2)
Sample
Size		 (3)
Total
Parcels
Stratum
Variance
A 23,459,570 0.8074 29,055,697 15 784 .101259759
A 23,052,277 0.8535 27,009,112 13 411 .077230904
A 24,061,637 0.8995 26,750,013 14 286 .016174937
A 24,202,639 0.9292 26,046,749 14 158 .011413214
E 27,717,267 0.8060 34,388,669 12 689 .038488483
F1 12,567,228 0.9702 12,953,234 13 125 .006332234
F1 12,096,964 0.9430 12,828,170 10 23 .016992777
F1 24,422,279 0.9220 26,488,372 6 10 .016288840
L1 5,649,093 0.9835 5,743,867 10 86 .020069374
L1 7,907,983 0.9459 8,360,274 6 18 .006983161
L1 4,540,501 0.9960 4,558,736 3 3 .010039095
Random Totals: 189,677,438   214,182,893 116 2,593  
Catg J Exception Values: 28,958,417   30,223,005      
Catg D1 Exception Values: 26,845,925   26,732,094      
Catg L1 Exception Values: 3,085,104   3,419,484      
Total Test Values (4): 248,566,884   274,557,476      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,727,873

Confidence Interval Values (5)

Local Test Value: 248,566,884 (Outside Confidence Interval)
State Lower Limit: 260,829,603 (State Test Value minus Margin of Error Percent)
State Upper Limit: 288,285,349 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 401,005,120 (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