taxes Property Tax Assistance

2023 Confidence Interval Detail

Freestone County
081-904/Teague ISD

Category Summary

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

Stratum
Variance
A 28,117,427 0.9243 30,420,239 12 459 0.056130545
A 38,284,271 0.9216 41,541,093 13 350 0.059476387
A 44,110,229 0.9133 48,297,634 11 271 0.018538793
A 60,674,197 1.0379 58,458,615 11 212 0.034666045
E 246,675,535 0.9959 247,691,068 22 1,908 0.045956434
G1 46,595,200 1.1670 39,927,335 9 578 0.162081491
G1 46,579,760 0.9665 48,194,268 10 238 0.004885700
G1 46,836,311 1.0113 46,312,974 10 152 0.000785123
G1 46,194,911 1.1149 41,434,130 9 81 0.080578670
Random Totals: 604,067,841 602,277,356 107 4,249
CATG D1 EXCEPTION VALUES: 12,840,620 13,367,597
CATG J EXCEPTION VALUES: 95,936,190 100,811,653
Total Test Values 712,844,651 716,456,606

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 35,822,830

Confidence Interval Values(5)

Local Test Value: 712,844,651 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 680,633,776 (State Test Value minus Margin of Error Percent)
State Upper Limit: 752,279,436 (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