taxes Property Tax Assistance

2023 Confidence Interval Detail

Smith County
212-904/Troup ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 18,528,059 0.9781 18,942,909 13 284 0.015037147
A 20,727,743 0.9325 22,228,143 12 175 0.028349561
A 24,386,363 0.9627 25,331,217 12 146 0.002562208
A 56,398,003 1.0424 54,103,994 12 203 0.009428655
E 72,075,528 0.8874 81,221,014 20 449 0.018395474
G1 25,381,373 1.0065 25,217,460 10 138 0.000254345
G1 25,184,501 1.0095 24,947,500 8 27 0.000112415
G1 25,634,423 1.0115 25,342,979 5 7 0.000357009
Random Totals: 268,315,993 277,335,216 92 1,429
CATG D1 EXCEPTION VALUES: 3,123,142 2,647,467
CATG G1 EXCEPTION VALUES: 24,796,722 24,849,427
CATG J EXCEPTION VALUES: 6,136,119 6,450,015
Total Test Values 302,371,976 311,282,125

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,564,106

Confidence Interval Values(5)

Local Test Value: 302,371,976 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 295,718,019 (State Test Value minus Margin of Error Percent)
State Upper Limit: 326,846,231 (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