taxes Property Tax Assistance

2022 Confidence Interval Detail

Ochiltree County
098-904/Spearman ISD

Category Summary

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

Stratum
Variance
E 3,168,690 0.9270 3,418,220 9 43 0.107697185
G1 7,314,636 1.0230 7,150,182 9 58 0.000516753
G1 7,858,692 1.0100 7,780,883 6 15 0.000163122
G1 6,993,778 1.0142 6,895,857 4 6 0.000235587
Random Totals: 25,335,796 25,245,142 28 122
CATG D1 EXCEPTION VALUES: 18,148,629 17,948,002
CATG G1 EXCEPTION VALUES: 6,506,752 6,381,800
CATG J EXCEPTION VALUES: 1,078,300 1,078,378
Total Test Values 51,069,477 50,653,322

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,532,666

Confidence Interval Values(5)

Local Test Value: 51,069,477 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 48,120,656 (State Test Value minus Margin of Error Percent)
State Upper Limit: 53,185,988 (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