taxes Property Tax Assistance

2023 Confidence Interval Detail

Knox County
138-903/Munday CISD

Category Summary

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

Stratum
Variance
A 5,567,810 0.6431 8,657,767 12 231 0.128120402
A 5,502,700 0.6353 8,661,577 14 131 0.135523325
A 6,126,890 0.6530 9,382,680 12 91 0.049201655
A 6,014,240 0.6414 9,376,738 12 54 0.015370444
E 13,844,060 0.7902 17,519,691 20 274 0.134397202
L1 6,904,532 0.9701 7,117,340 9 37 0.033543494
Random Totals: 43,960,232 60,715,793 79 818
CATG D1 EXCEPTION VALUES: 15,041,460 17,387,809
CATG J EXCEPTION VALUES: 18,368,800 18,477,256
Total Test Values 77,370,492 96,580,858

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,829,043

Confidence Interval Values(5)

Local Test Value: 77,370,492 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 91,751,815 (State Test Value minus Margin of Error Percent)
State Upper Limit: 101,409,901 (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