taxes Property Tax Assistance

2022 Confidence Interval Detail

Parmer County
185-901/Bovina ISD

Category Summary

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

Stratum
Variance
A 3,163,843 0.8741 3,619,544 15 95 0.143817390
A 10,731,372 1.0766 9,967,836 16 173 0.049092982
A 17,680,061 0.9229 19,157,071 15 178 0.013766424
A 8,110,435 0.8443 9,606,106 14 50 0.012175681
E 18,659,736 1.0393 17,954,138 21 291 0.107233446
L1 2,992,159 0.9661 3,097,152 8 18 0.000565203
Random Totals: 61,337,606 63,401,847 89 805
CATG D1 EXCEPTION VALUES: 19,540,381 19,111,928
CATG J EXCEPTION VALUES: 27,195,030 30,036,321
CATG L1 EXCEPTION VALUES: 0 0
Total Test Values 108,073,017 112,550,096

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,627,505

Confidence Interval Values(5)

Local Test Value: 108,073,017 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 106,922,591 (State Test Value minus Margin of Error Percent)
State Upper Limit: 118,177,601 (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