taxes Property Tax Assistance

2021 Confidence Interval Detail

Madison County
154-901/Madisonville CISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 28,544,381 0.8004 35,662,645 15 602 0.043943657
A 39,770,242 0.8569 46,411,766 15 434 0.075679998
A 52,741,640 0.8500 62,048,988 16 360 0.045907554
A 60,088,890 0.9600 62,592,594 16 230 0.007063798
E 282,102,119 0.8874 317,897,362 45 2,282 0.045911770
F1 21,589,140 0.8367 25,802,725 11 129 0.027610684
F1 22,752,720 0.9110 24,975,543 10 42 0.113318398
F1 22,071,800 0.9103 24,246,732 8 18 0.037856879
F1 19,990,370 0.9734 20,536,645 5 7 0.003113690
Random Totals: 549,651,302 620,175,000 141 4,104
CATG D1 EXCEPTION VALUES: 12,362,792 10,952,991
CATG J EXCEPTION VALUES: 41,986,160 48,670,557
Total Test Values 604,000,254 679,798,548

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 33,989,927

Confidence Interval Values(5)

Local Test Value: 604,000,254 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 645,808,621 (State Test Value minus Margin of Error Percent)
State Upper Limit: 713,788,475 (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