taxes Property Tax Assistance

2023 Confidence Interval Detail

Grimes 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 9,639,500 0.9341 10,319,559 12 141 0.042762976
A 14,184,340 0.9363 15,149,354 12 126 0.021434840
A 24,020,920 0.8916 26,941,364 12 169 0.012131472
A 28,968,900 0.9256 31,297,429 12 124 0.032455692
E 102,037,641 1.0554 96,681,487 15 496 0.064599738
Random Totals: 178,851,301 180,389,193 63 1,056
CATG D1 EXCEPTION VALUES: 3,930,771 3,309,854
CATG J EXCEPTION VALUES: 23,735,743 24,687,149
Total Test Values 206,517,815 208,386,196

Margin of Error

Margin of Error Percent: 6.2811006
Margin of Error Value: 13,088,947

Confidence Interval Values(5)

Local Test Value: 206,517,815 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 195,297,249 (State Test Value minus Margin of Error Percent)
State Upper Limit: 221,475,143 (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