taxes Property Tax Assistance

2023 Confidence Interval Detail

Hall County
096-904/Memphis ISD

Category Summary

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

Stratum
Variance
A 11,160,920 0.7204 15,492,671 10 402 0.117517039
A 11,405,350 0.9503 12,001,842 10 206 0.105639566
A 13,520,260 0.8771 15,414,730 10 166 0.136109710
A 20,354,090 0.9607 21,186,728 10 144 0.030966233
E 12,959,060 1.0246 12,647,921 11 251 0.193914696
F1 3,477,800 0.9516 3,654,687 9 71 0.018663320
F1 3,280,850 1.0055 3,262,904 7 18 0.002448166
F1 3,587,950 0.9798 3,661,921 5 8 0.000879093
F1 2,858,490 0.9542 2,995,564 3 4 0.006536374
Random Totals: 82,604,770 90,318,968 75 1,270
CATG D1 EXCEPTION VALUES: 48,808,328 40,313,048
CATG J EXCEPTION VALUES: 12,564,140 12,794,655
Total Test Values 143,977,238 143,426,671

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,171,334

Confidence Interval Values(5)

Local Test Value: 143,977,238 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 136,255,337 (State Test Value minus Margin of Error Percent)
State Upper Limit: 150,598,005 (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